Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

Spanish Police Dismantle ATM Fraud Ring

August 8, 2023
Reading Time: 2 mins read
in News

 

Spanish police have successfully dismantled a banking card fraud ring that employed sophisticated hacking techniques to steal thousands of euros. The group’s primary focus was on targeting ATMs of Spanish national banks, utilizing cloned payment cards to conduct their fraudulent activities.

The illicit gains from their operations were estimated to amount to nearly 196,000 euros. The arrests of the three individuals behind this cybercrime were carried out in Valencia, following a well-coordinated operation led by the Spanish police’s internet crime and financial fraud divisions.

The arrested trio, whose identities have been kept undisclosed, were experts in various aspects of the criminal operation. The group’s modus operandi involved installing skimmers and micro-cameras on automatic tellers, allowing them to capture crucial data from banking cards’ magnetic stripes and PINs as users entered their credentials.

With this stolen information, the fraudsters engaged in unauthorized banking transfers using cloned cards and compromised credentials. Additionally, the group employed phishing emails and created false online profiles to harvest passwords and sensitive user details, including identity documents.

Spanish authorities seized significant evidence during the operation, including a magnetic stripe reader, a card-reader, 300 banking cards (including counterfeits), six skimmer devices, and 13 configuration plates for these devices. The arrested individuals face a range of charges, including forgery of credit and debit cards, fraud, falsification of documents, and money laundering.

While two suspects remain in custody, the investigation remains ongoing, with authorities actively pursuing potential other members of the group who may still be at large. This successful operation highlights the Spanish police’s dedication to combatting cybercrime and protecting financial institutions and individuals from such fraudulent activities.

Reference:
  • La Policía Nacional detiene a tres personas que estafaron casi 200.000 euros mediante técnicas de skimming y phishing
Tags: ATMsAugust 2023bankingCyber NewsCyber News 2023CyberattackCybersecurityPhishingSpainVulnerabilities
ADVERTISEMENT

Related Posts

Proton Launches Encrypted AI Assistant

Jetflicks Operator Sentenced to 7 Years

July 25, 2025
Proton Launches Encrypted AI Assistant

Proton Launches Encrypted AI Assistant

July 25, 2025
Proton Launches Encrypted AI Assistant

Brave Blocks Windows Recall Screenshot

July 25, 2025
Interlock Ransomware Threat Alert

Altman Flags Looming AI Fraud Crisis

July 24, 2025
Interlock Ransomware Threat Alert

XSS Forum Admin Arrested in Kyiv

July 24, 2025
Interlock Ransomware Threat Alert

Google OSS Rebuild Exposes Malicious Code

July 24, 2025

Latest Alerts

CastleLoader Uses Clickfix on Windows

Sophos, SonicWall Patch Critical RCE Bugs

Koske Malware Hides in Panda Images

Interlock Ransomware Threat Alert

GitLab Patches Key Vulnerabilities

Backdoor Found in WP Plugins

Subscribe to our newsletter

    Latest Incidents

    Hackers Target Amazon’s AI Code Bot

    APTs Use Fake Dalai Lama Apps to Spy

    Infostealer Hidden in Steam Game

    Data Breach Affects 340K Jobseekers

    Hackers Use Ransomware on SharePoint Servers

    Beluga Vodka Ransomware Attack Reported

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial