Pib Posted August 23, 2016 Share Posted August 23, 2016 No worries....a small increase in bank fees will cover GSB's losses. Link to comment Share on other sites More sharing options...
dabhand Posted August 23, 2016 Share Posted August 23, 2016 Similar happened in Taiwan last month. Three foreign suspects have been arrested in Taiwan in connection with the theft of $2.5m (£1.9m) from cash machines around the country. A network of criminals from eastern Europe and Russia used malware to hack into dozens of First Commercial Bank ATMs, police say. http://www.bbc.com/news/world-asia-36824507 Link to comment Share on other sites More sharing options...
tukkytuktuk Posted August 23, 2016 Share Posted August 23, 2016 A better explanation on how malware ATM hacking works. Link to comment Share on other sites More sharing options...
In the jungle Posted August 23, 2016 Share Posted August 23, 2016 Thank you for the video link. Very informative. I bank with GSB and live in Chumphon and have been curious as to why their ATMs have been dead for the last couple of weeks. Of course as a mere customer they made no effort to contact me. Link to comment Share on other sites More sharing options...
tukkytuktuk Posted August 23, 2016 Share Posted August 23, 2016 There are only 2 ways to gain access to the USB port of an ATM to install malware.- Having a key to the ATM.- Cutting a hole into the ATM then patching the hole. Link to comment Share on other sites More sharing options...
gandalf12 Posted August 23, 2016 Share Posted August 23, 2016 2 hours ago, halloween said: Don't see that to be the case. The ATM has only a very limited set of preprogrammed responses depending on which buttons are pushed. The content of the screen display could be in any language as they are simply images. There are no inputs in Thai language. It could be but the machine manufacturers don't usually do the software. That is normally farmed out to a software company Link to comment Share on other sites More sharing options...
Chicog Posted August 23, 2016 Share Posted August 23, 2016 The fact that it was on a number of ATMs - all from one manufacturer - tells me it was a targeted attack, introduced from GSB's network, either remotely via a compromised machine, or with the help of someone inside. It's still their fault. Link to comment Share on other sites More sharing options...
augustwest Posted August 23, 2016 Share Posted August 23, 2016 After being hacked 3x I now go to branch and use passport and withdraw cash. I won't use an ATM again! Link to comment Share on other sites More sharing options...
Bender Posted August 23, 2016 Share Posted August 23, 2016 certainly an inside job.... Link to comment Share on other sites More sharing options...
OnTheRun Posted August 24, 2016 Share Posted August 24, 2016 "He said that the stolen money belong to the bank, not the customers, so GSB would demand compensation from the manufacturer of the machines. " Had it belonged to customers the Thai Banks SOP is f you, nice to see the change in outlook when it's THEIR money. Link to comment Share on other sites More sharing options...
BlindMagician Posted August 24, 2016 Share Posted August 24, 2016 15 hours ago, gdgbb said: No, it doesn't, it shows how insecure NCR cash dispensers are. That's just dumb. It's a bit like a prison warden claiming his prison is secure, arguing it's the locks keeping the inmates in that are not secure. Or your surgeon telling your wife that your death was not his failing, but the failure of the operation. Are you a lawyer, a bad one? Link to comment Share on other sites More sharing options...
williamgeorgeallen Posted August 24, 2016 Share Posted August 24, 2016 16 hours ago, Hawk said: Shows yet again how unsafe Thai banks really are. i doubt it is the banks that are unsafe. it seems to be the people running them. Link to comment Share on other sites More sharing options...
Briggsy Posted August 24, 2016 Share Posted August 24, 2016 Readers need to interpret the spin here and not take this announcement (from only one side) at face value. GSB were forced to spike the story. If somebody else announces it (say, a newspaper) they look as if they have lost control. Banks must have customer confidence. You don't want a bank run. GSB need to ensure customer confidence is not dented. They must also reassure shareholders (The Thai Government) that there will be no profit hit. So, they introduce a foreign company (bogeyman) and confidently claim they will recoup all losses from that foreign company. (p.s. incorporation is not devolved in the UK, ..... yet) They know full well that they will not receive a satang from the foreign ATM supplier. I would also bet they will not even instigate any civil proceedings. The truth is unimportant. The goal is to reassure customers and shareholders and hide the real truth of internal collusion in fraud. It reminds me of the numerous announcements regarding opponents of the government residing abroad. They government announced they would be putting in extradition requests. Almost without exception, no extradition requests were placed. The messages are not truthful but they are intended for an audience and to have the desired effect on that audience. Link to comment Share on other sites More sharing options...
hgma Posted August 24, 2016 Share Posted August 24, 2016 the bank will demand compensation from the manufucturer. Right, faste your seat belts folks, there's bound to be a sit in on a public road in or around Bangkok by the Board of this bank. (after the manufacturer suggested to see the culprits first!) Link to comment Share on other sites More sharing options...
Time Traveller Posted August 24, 2016 Share Posted August 24, 2016 (edited) 15 hours ago, Hawk said: Yes it does show how unsafe Thai banks really are, as it casts yet another light on all the Thai banking flaws. 1. Thai banks as far as I know don't manufacture ATMs so not really seeing how that can be their fault. 2. Most banks insure against cash thefts. 3. 12 million baht is ridiculously small compared with hundreds of billions of baht most mid size Thai banks have on their balance sheet. 4. In fact very little of any bank's assets are in cash, most is in the form of loans, so unless they have given out a large percentage of risky loans- something that no one outside of a few GSB insiders could possibly know - then could you please enlighten us about all the flaws of Thai banks because last time I checked it was American and European banks that were flawed with many either collapsing or requiring tax payer money to prevent their own insolvency. In fact I dare say most European, Japanese, American and soon to be Chinese banks will only be able to stay solvent due to government "quantitative easing" help. Can you even name one Thai bank that collapsed in the last decade? What about in the 21st century? But don't let facts get in the way of your fairytale, all of us love having someone to laugh at. Edited August 24, 2016 by Time Traveller Link to comment Share on other sites More sharing options...
AlQaholic Posted August 24, 2016 Share Posted August 24, 2016 (edited) 17 hours ago, NCC1701A said: " that 21 of the ATMs had been hacked with the use of Malware programme. " which magically appeared on your ATM's ultra secure computers. "He said that the stolen money belong to the bank, not the customers, so GSB would demand compensation from the manufacturer of the machines. " thanks for the heads up on your banks policy. Sooo.... if the money on the other hand belonged to the customers...... Hmmm....did some bank employee download a game and played it on the ATM? Edited August 24, 2016 by AlQaholic Link to comment Share on other sites More sharing options...
deepcell Posted August 24, 2016 Share Posted August 24, 2016 14 hours ago, gdgbb said: Very often foreign companies are contracted by Thai banks to set up their security systems. If you have to blame someone, then it is the IT Chief of this bank, he or she should be responsible for all acquisition in software/hardware. The foreign company if they need, they will go off and then return under another name with lots of bugfix. The customers (the Thai bank in this case) is always in the bad side. Education is always the key, they buy software from foreign company because they do not have the knowledge/competence to develop their own. Link to comment Share on other sites More sharing options...
SOTIRIOS Posted August 24, 2016 Share Posted August 24, 2016 ...if in fact certain 'settings' could have prevented this....it suggests an inside job..... Link to comment Share on other sites More sharing options...
biplanebluey Posted August 24, 2016 Share Posted August 24, 2016 15 hours ago, Don Mega said: 21 x 40,000 = 12.29 million am I missing something ? Thanks Don---yea I did my maths too and came up with 840,000------- thats a massive interest hike for the Banks to start negotiations with Scotland---You can always come down a tad Link to comment Share on other sites More sharing options...
AlQaholic Posted August 24, 2016 Share Posted August 24, 2016 (edited) I don't buy the story. No way is it possible for any hacker to break into the software of an ATM, unless he made the software himself. There is something else going on here.....in connection with the ATM cards most probably. Edited August 24, 2016 by AlQaholic Link to comment Share on other sites More sharing options...
phantomfiddler Posted August 24, 2016 Share Posted August 24, 2016 Wouldn,t it be nice if we could tune in our TV every day and see hackers getting executed publicly They don,t even have the guts to walk in to a bank and say "Stick ,em up" ! Link to comment Share on other sites More sharing options...
nabbie Posted August 24, 2016 Share Posted August 24, 2016 15 hours ago, Hawk said: " so GSB would demand compensation from the manufacturer of the machines." The weakness is obviously in the software not in the machine itself. So who designed the Thai software? Interesting point. Therefore it could be between Thai bank's full responsibility for leaking the core passwords or the faulty implementation by software developer. Hard to confirm which? Link to comment Share on other sites More sharing options...
deepcell Posted August 24, 2016 Share Posted August 24, 2016 In details (software side) Link to comment Share on other sites More sharing options...
bark Posted August 24, 2016 Share Posted August 24, 2016 15 hours ago, Don Mega said: 21 x 40,000 = 12.29 million am I missing something ? Yes a Calculator Link to comment Share on other sites More sharing options...
DrTuner Posted August 24, 2016 Share Posted August 24, 2016 I've seen ATM's with their service doors open, the cpu box placed outside the machine and so on, zero maintenance or Thai style "fixing" as usual. Not surprised this happened. Link to comment Share on other sites More sharing options...
louse1953 Posted August 24, 2016 Share Posted August 24, 2016 14 hours ago, Father Fintan Stack said: NCR quite clearly states they are not liable for use of any of their software including drivers and patches etc. and none of it is supplied under warranty. Well,they would say that ,wouldn't they. Link to comment Share on other sites More sharing options...
starchild5 Posted August 24, 2016 Share Posted August 24, 2016 The problem came from Europe not Thailand. Europe is not doing enough to stop these hackers from Eastern Europe. Why are people blaming Thailand. It happens 100 times more in Europe. Everyone is affected. I'm scared to withdraw money in Europe as well as Asia. Its a worldwide problem but the hackers are based in Eastern Europe. Link to comment Share on other sites More sharing options...
Rimmer Posted August 24, 2016 Share Posted August 24, 2016 A post has been removed, there is no need to swear on here, thank you Link to comment Share on other sites More sharing options...
mike324 Posted August 24, 2016 Share Posted August 24, 2016 14 hours ago, dabhand said: Similar happened in Taiwan last month. Three foreign suspects have been arrested in Taiwan in connection with the theft of $2.5m (£1.9m) from cash machines around the country. A network of criminals from eastern Europe and Russia used malware to hack into dozens of First Commercial Bank ATMs, police say. http://www.bbc.com/news/world-asia-36824507 In May, hackers stole $12 million from atms in Japan in a period of 3 hours! Link to comment Share on other sites More sharing options...
david555 Posted August 24, 2016 Share Posted August 24, 2016 16 hours ago, Don Mega said: 21 x 40,000 = 12.29 million am I missing something ? Only that they landed probably by now already at Sheremetyevo International - Russia - World Airport ... Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now