The US-CERT has released a joint technical alert from the DHS, the FBI, and Treasury warning about a new ATM scheme being used by the prolific North Korean APT hacking group known as Hidden Cobra.
Hidden Cobra, also known as Lazarus Group and Guardians of Peace, is believed to be backed by the North Korean government and has previously launched attacks against a number of media organizations, aerospace, financial and critical infrastructure sectors across the world.
The group had also reportedly been associated with the WannaCry ransomware menace that last year shut down hospitals and big businesses worldwide, the SWIFT Banking attack in 2016, as well as the Sony Pictures hack in 2014


Now, the FBI, the Department of Homeland Security (DHS), and the Department of the Treasury have released details about a new cyber attack, dubbed "FASTCash," that Hidden Cobra has been using since at least 2016 to cash out ATMs by compromising the bank server.
FASTCash Hack Fools ATMs into Spitting Out Cash
The investigators analyzed 10 malware samples associated with FASTCash cyber attacks and found that attackers remotely compromise payment "switch application servers" within the targeted banks to facilitate fraudulent transactions.
Switch application server is an essential component of ATMs and Point-of-Sale infrastructures that communicates with the core banking system to validate user's bank account details for a requested transaction.




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