---
title: ATM Fraud in the UK
date: "2005-10-22T12:00:00Z"
categories:
  - links
wp_id: 522
description: I highlight a deep dive into how phantom withdrawals and systemic security vulnerabilities in the UK ATM network nearly collapsed the banking sector, exposing critical technical flaws and the industry's initial refusal to acknowledge fraud.
keywords: [atm fraud, phantom withdrawals, uk banking, security vulnerabilities, financial history, banking security]
---

[How ATM fraud nearly brought down British banking](http://www.theregister.co.uk/2005/10/21/phantoms_and_rogues/print.html).