This ATM hack could allow thieves to make off w...

This ATM hack could allow thieves to make off with thousands

Score: 2 Votes: 2
Score: 2 Votes: 2
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http://www.zdnet.com/article/this-atm-hack-coul...

A security vulnerability in the newest generation of ATMs can be exploited to make them distribute tens of thousands in cash, despite the chip and PIN systems designed to prevent hackers from carrying out exactly this sort of activity.

Speaking at the Black Hat conference in Las Vegas, Weston Hecker, a senior security consultant at cybersecurity firm Rapid7 demonstrated how the bypass could allow criminals to make off with up to $50,000 from a machine in under 15 minutes.

Speaking at the Black Hat conference in Las Vegas, Weston Hecker, a senior security consultant at cybersecurity firm Rapid7 demonstrated how the bypass could allow criminals to make off with up to $50,000 from a machine in under 15 minutes.

While it’s unlikely that a hacker would be able to use a spoofed card for a significant period of time — there’s only a limited window they could spent at an ATM and the victim will eventually realize they’ve been targeted — the relative ease by which criminals can deploy this method of attack means it could be a very lucrative outlet for them.

Security researchers at Rapid7 have disclosed full details about the vulnerability in chip-and-PIN ATMs to the major machine makers and banks, although they haven’t detailed which these are in order not to put additional people at risk of the fraud.

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8 Dimers
Missing
Deal Lieutenant
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So best option is not to use debit card linked with your primary account at all.

Kabali
Deal Colonel
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@disclaimer wrote:

So best option is not to use debit card linked with your primary account at all.


yup but bestest option is not to have primary debit card itself

Img 20161125 220914
Deal Lieutenant
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@rajrocks wrote:

@disclaimer wrote:

So best option is not to use debit card linked with your primary account at all.


yup but bestest option is not to have primary debit card itself


Then how do you use the money in that account ??

Kabali
Deal Colonel
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@saymyname wrote:

@rajrocks wrote:

@disclaimer wrote:

So best option is not to use debit card linked with your primary account at all.


yup but bestest option is not to have primary debit card itself


Then how do you use the money in that account ??


bank transfer to secondary

Img 20161125 220914
Deal Lieutenant
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@rajrocks wrote:

Then how do you use the money in that account ??


bank transfer to secondary

Is is possible to have 2 account in the same bank ?

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Kabali
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@saymyname wrote:

@rajrocks wrote:

Then how do you use the money in that account ??


bank transfer to secondary


Is is possible to have 2 account in the same bank ?
https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif ofcourse

Img 20161125 220914
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@rajrocks wrote:
https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif ofcourse

May be if I apply in a different branch, but for address SBI gave me a KYC and that has my Aadhar number and all in it, which led me to think that may be it won’t be possible…

Kabali
Deal Colonel
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@saymyname wrote:

@rajrocks wrote:
https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif ofcourse

May be if I apply in a different branch, but for address SBI gave me a KYC and that has my Aadhar number and all in it, which led me to think that may be it won’t be possible…


no issues https://cdn3.desidime.com/assets/textile-editor/icon_wink.gif

Osho
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@rajrocks wrote:

@disclaimer wrote:

So best option is not to use debit card linked with your primary account at all.


yup but bestest option is not to have primary debit card itself



That’s a good idea. Never thought about it. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

@DealSeeker Don’t tell me you are already doing it. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Kabali
Deal Colonel
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@Magus wrote:

@rajrocks wrote:

@disclaimer wrote:

So best option is not to use debit card linked with your primary account at all.


yup but bestest option is not to have primary debit card itself



That’s a good idea. Never thought about it. https://cdn1.desidime.com/assets/textile-editor/icon_smile.gif

@DealSeeker Don’t tell me you are already doing it. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif


see being helpful >>>>>>>>>>>>>>>>>>>>>> being critic v;-} https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif https://cdn3.desidime.com/assets/textile-editor/icon_cool.gif

he doesn’t have a primary acct itself, he’s all in cash https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Osho
Critic
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@rajrocks wrote:

see being helpful >>>>>>>>>>>>>>>>>>>>>> being critic v;-} https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif https://cdn3.desidime.com/assets/textile-editor/icon_cool.gif

he doesnt have a primary acct itself.


https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Missing
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My method is more secure. The account that has lakhs in balance has no debit card but Netbanking is there. Whenever needed I transfer to the other bank account which has very low or no balance at all. It has debit card.

For those who have HDFC/ICICI demat can block funds by transferring them to demat account. It takes seconds to allocate and de-allocate. If ur demat provider is not the bank itself then you will have tfr funds to it just like you do for any wallet provider by loading funds into it. https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif

Missing
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@rajrocks wrote:

@disclaimer wrote:

So best option is not to use debit card linked with your primary account at all.


yup but bestest option is not to have primary debit card itself


But in that case you won’t be able to use online fund transfer as well in case of banks like ICICI. Will have to rely only on cheques.

Kabali
Deal Colonel
448
23,611
33992
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@disclaimer wrote:

@rajrocks wrote:

@disclaimer wrote:

So best option is not to use debit card linked with your primary account at all.


yup but bestest option is not to have primary debit card itself


But in that case you won’t be able to use online fund transfer as well in case of banks like ICICI. Will have to rely only on cheques.

already ans above http://www.desidime.com/forums/dost-and-dimes/t...

Kabali
Deal Colonel
448
23,611
33992
286
@Magus wrote:

@rajrocks wrote:

see being helpful >>>>>>>>>>>>>>>>>>>>>> being critic v;-} https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif https://cdn3.desidime.com/assets/textile-editor/icon_cool.gif

he doesnt have a primary acct itself.


https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

may be he might own his very own bank https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif https://cdn3.desidime.com/assets/textile-editor/icon_wink.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Kabali
Deal Colonel
448
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@chingumboy wrote:

My method is more secure. The account that has lakhs in balance has no debit card but Netbanking is there. Whenever needed I transfer to the other bank account which has very low or no balance at all. It has debit card.

For those who have HDFC/ICICI demat can block funds by transferring them to demat account. It takes seconds to allocate and de-allocate. If ur demat provider is not the bank itself then you will have tfr funds to it just like you do for any wallet provider by loading funds into it. https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif


not secure as this https://cdn3.desidime.com/assets/textile-editor/icon_wink.gif https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

http://www.desidime.com/forums/dost-and-dimes/t...

Missing
Deal Lieutenant
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@rajrocks wrote:

@disclaimer wrote:

@rajrocks wrote:

@disclaimer wrote:

So best option is not to use debit card linked with your primary account at all.


yup but bestest option is not to have primary debit card itself


But in that case you won’t be able to use online fund transfer as well in case of banks like ICICI. Will have to rely only on cheques.

already ans above http://www.desidime.com/forums/dost-and-dimes/t...


Won’t work in case of ICICI as it is mandatory to complete debit card grid verification as well for funds transfer.

Draw
Deal Colonel
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One person one saving account one branch is rule
But after core banking it should be applicable to whole bank. (In one capacity).

However, additional joint account , current account, guardian account allowed. Another option is to avail overdraft of 30k against the FD of 40k and obtain CA overdraft with in joint name and use that account for POS .

Images
Deal Subedar
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@chingumboy wrote:

My method is more secure. The account that has lakhs in balance has no debit card but Netbanking is there. Whenever needed I transfer to the other bank account which has very low or no balance at all. It has debit card.

For those who have HDFC/ICICI demat can block funds by transferring them to demat account. It takes seconds to allocate and de-allocate. If ur demat provider is not the bank itself then you will have tfr funds to it just like you do for any wallet provider by loading funds into it. https://cdn1.desidime.com/assets/textile-editor/icon_biggrin.gif


Transfer few lakhs to me. I will keep them securely. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Kabali
Deal Colonel
448
23,611
33992
286
@disclaimer wrote:

@rajrocks wrote:

@disclaimer wrote:

@rajrocks wrote:

@disclaimer wrote:

So best option is not to use debit card linked with your primary account at all.


yup but bestest option is not to have primary debit card itself


But in that case you won’t be able to use online fund transfer as well in case of banks like ICICI. Will have to rely only on cheques.

already ans above http://www.desidime.com/forums/dost-and-dimes/t...


Won’t work in case of ICICI as it is mandatory to complete debit card grid verification as well for funds transfer.

there r ways

Kabali
Deal Colonel
448
23,611
33992
286
@Alpha.Barood wrote:

One person one saving account one branch is rule
But after core banking it should be applicable to whole bank. (In one capacity).

However, additional joint account , current account, guardian account allowed. Another option is to avail overdraft of 30k against the FD of 40k and obtain CA overdraft with in joint name and use that account for POS .


agreed to be disagreed as i hold more than 1 acct at same bank that too at same branch https://cdn3.desidime.com/assets/textile-editor/icon_wink.gif https://cdn3.desidime.com/assets/textile-editor/icon_cool.gif

Missing
Deal Lieutenant
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@rajrocks wrote:

@disclaimer wrote:

@rajrocks wrote:

@disclaimer wrote:

@rajrocks wrote:

@disclaimer wrote:

So best option is not to use debit card linked with your primary account at all.


yup but bestest option is not to have primary debit card itself


But in that case you won’t be able to use online fund transfer as well in case of banks like ICICI. Will have to rely only on cheques.

already ans above http://www.desidime.com/forums/dost-and-dimes/t...


Won’t work in case of ICICI as it is mandatory to complete debit card grid verification as well for funds transfer.

there r ways


?

Osho
Critic
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@disclaimer wrote:

?



That’s a secret only rajrocks knows. https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

286 907
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@saymyname wrote:

@rajrocks wrote:

Then how do you use the money in that account ??


bank transfer to secondary


Is is possible to have 2 account in the same bank ?

have 3 accounts https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif from past 5 years, they are not charging debit card https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif have two debit card for same acc, total 4 cards for 3 acc https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

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@FeelMyL0Ve wrote:

have 3 accounts https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif from past 5 years, they are not charging debit card https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif have two debit card for same acc, total 4 cards for 3 acc https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif


Banks happily waive off these small charges for high net worth individuals:-P

Osho
Critic
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@FeelMyL0Ve wrote:

have 3 accounts https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif from past 5 years, they are not charging debit card https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif have two debit card for same acc, total 4 cards for 3 acc https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif



Losers’ Bank? https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

286 907
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@Magus wrote:

@FeelMyL0Ve wrote:

have 3 accounts https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif from past 5 years, they are not charging debit card https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif have two debit card for same acc, total 4 cards for 3 acc https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif



Losers’ Bank? https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

yes https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif but they are charging for sms alerts https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif https://cdn2.desidime.com/assets/textile-editor/icon_cry.gif

286 907
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@disclaimer wrote:

@FeelMyL0Ve wrote:

have 3 accounts https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif from past 5 years, they are not charging debit card https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif have two debit card for same acc, total 4 cards for 3 acc https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif


Banks happily waive off these small charges for high net worth individuals:-P

https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif only AMB accounts no extra money in acc https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif
286 907
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.

Missing