Taiwan’s $2M ATM Theft Linked to Europe’s ATM Heist: Cyber Security Firm

The group that orchestrated the theft of over $2 million from cash machines at Taiwan’s First Commercial Bank in July was also behind an ATM hacking spree in more than a dozen European nations last year, according to cyber security firm Group-IB. The methods that the so-called Cobalt group used in Europe matched those used in Taiwan, Group-IB said in its latest client report.