Malware tailored for bitcoin ATMs have been made available for purchase on “the dark web” – the term used to depict underground sites offering different illicit services and goods, IT security firm Trend Micro claims.

While regular ATMs have long been a target for criminals, fraud associated with bitcoin ATMs have to this point not become much of a issue. Now, as per the firm, it seems that for about USD 25,000, criminals can buy bitcoin ATM malware through on-line forums. The software package reportedly permits a fraudster to receive bitcoins value up to USD 6,750 every time it's used, by “exploiting service vulnerability within the bitcoin ATM.”

According to the vendor, the malware ships with a card with an inbuilt chip and near field communication practicality (NFC) “ready-to-use,” and “does not need any physical access.”

The same vendor, that seems to be a well-respected member of AN underground on-line forum, additionally offers numerous varieties of malware for conventional bank ATMs, and also the forged documents on everything from taxes to credit reports.

The particular vendor has reportedly received over one hundred reviews from customers on-line, indicating that the costly piece of malware has generated a considerable financial gain for him, which it's already getting used in many locations round the world.

In conclusion, Trend micro wrote that “as long as there's money to be created — and there's quite a little bit of money in cryptocurrencies — cybercriminals can continue to devise tools and to expand to profitable new markets.”

At the press time, there have been 3,522 Bitcoin ATM's round the world, according to coinatmradar.com data. 74 of them are in North America.

In the past, ransomware attacks involving payments in cryptocurrency are a significant problem worldwide. As a news channel reported on Tuesday, ransomware payments reached a minimum of BTC 22,967 from 2013 to mid-2017, per a research report from titanium, a global project focused on crime and terrorist act involving virtual currencies and underground market transactions.

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