News

ATM Heists Only Set to Accelerate After $13M Break-In

August 30, 2018

ThetaRay’s CEO Mark Gazit discusses the recent ATM “cashout” attacks with  ThreatPost. “A combination of malware, ATM jackpotting, money mules, money laundering, e-payment and crypto currency fraud – all performed by organized crime groups – presents a daunting task for financial crime prevention units,” said Gazit. “For many years, we have been talking about cross-channel fraud challenges and now is the time for banks to act.”