The Cosmos Bank incident is only the latest, not the last, thanks to lagging security practices.

Threatpost editor Mike Mimoso talks with Roberto Martinez and Santiago Pontiroli, researchers with Kaspersky Lab’s Global Research and Analysis Team (GReAT) about ATM malware, jackpotting, and why it works so well in Latin America. [embedded content]

European authorities dismantled a cybercrime ring last week responsible for a series of ATM attacks that ultimately led to substantial financial losses across Europe. Authorities apprehended eight Romanian and Moldovan nationals in connection with the ring following a series of house searches in the two countries last week, according to Europol, which announced the news last Thursday via press...