Skip to main content

ATM Fees Are at a Record High, a New Survey Finds

1 month 4 weeks ago
An anonymous reader shares a report: Getting cash from an ATM is growing increasingly expensive as fees reach record highs. Americans are now paying an average of $4.86 for out-of-network ATM withdrawals, up 1.9% from $4.77 last year, according to a new survey from Bankrate.com. That's the highest on record, according to the personal finance website, which starting tracking ATM fees 27 years ago. "ATM fees are just one of those avenues that the bank can very freely continue to charge fees," Bankrate financial analyst Stephen Kates told CBS MoneyWatch. Those costs include charges from both ATM owners and banks. According to the survey, the average fee from cash machine providers is $3.22. Banks charge $1.64 on average, up 3.8% from 2024 -- the highest since 2018. As a result, Americans in certain metro areas could see average combined fees of more than $5.

Read more of this story at Slashdot.

msmash

Cadence invites you to play with Nvidia’s biggest iron in its datacenter tycoon sim

1 month 4 weeks ago
Using GPUs to design better bit barns for GPUs? It’s the circle of AI

With the rush to capitalize on the gen AI boom, datacenters have never been hotter. But before signing that multi-billion dollar purchase order on GPUs, Cadence Systems suggests using a few of them to simulate whether that fancy new bit barn of yours can actually handle the heat.…

Tobias Mann

Wyden Says Microsoft Flaws Led to Hack of US Hospital System

1 month 4 weeks ago
US Senator Ron Wyden says glaring cybersecurity flaws by Microsoft enabled a ransomware attack on a US hospital system and has called on the Federal Trade Commission to investigate. Bloomberg: In a letter sent Wednesday to FTC Chairman Andrew Ferguson, the Oregon Democrat accused Microsoft of "gross cybersecurity negligence," which he said had resulted in ransomware attacks against US critical infrastructure. The senator cited the case of the 2024 breach at Ascension, one of the nation's largest nonprofit health systems. The intrusion shut down computers at many of Ascension's hospitals, leading to suspended surgeries and the theft of sensitive data on more than 5 million patients. Wyden said an investigation by his office found that the Ascension hack began after a contractor carried out a search using Microsoft's Bing search engine and was served a malicious link, which led to the contractor inadvertently downloading malware. That allowed hackers access to Ascension's computer networks. According to Wyden, the attackers then gained access to privileged accounts by exploiting an insecure encryption technology called RC4, which is supported by default on Windows computers. The hacking method is called Kerberoasting, which the company described as a type of cyberattack in which intruders aim to gather passwords by targeting an authentication protocol called Kerberos.

Read more of this story at Slashdot.

msmash

iPhone 17 Air Drops Physical SIM Slot Globally, Pushing eSIM-Only Future

1 month 4 weeks ago
Apple's newly launched iPhone Air will ship globally without physical SIM card slots. The move follows the company previously eliminating SIM trays in US models starting in 2022. Global consultancy firm Roland Berger forecasts eSIM connections will reach 75% of smartphone connections by 2030, rising from 10% in 2023. CCS Insight predicts eSIM-capable handsets will increase from 1.3 billion to 3 billion by 2030. Google offers eSIM-only Pixel 10 models in the US.

Read more of this story at Slashdot.

msmash

FAA Warns Airlines About Lithium Battery Dangers After 50 Incidents This Year

1 month 4 weeks ago
The Federal Aviation Administration has issued a safety alert [PDF], warning airlines about lithium battery fire risks in passenger compartments after recording 50 incidents involving smoke, fire, or extreme heat from the devices this year. The FAA recommended airlines implement risk mitigation strategies including clear passenger messaging and updated firefighting procedures and training.

Read more of this story at Slashdot.

msmash