Criminals overseas have engineered yet another way to compromise financial institution's credit and debit cards at the point of sale and ATMs, according to credit.com

The consumer education and card marketing website reported Monday that organized crime syndicates in Russia appear to have developed malware that will collect data stored in the point of sale terminal or ATM's log files, filter it swiftly for credit card information and then send that information in a simple text file to the malware creator's server or email.

Security media sources report that Chase, Capital One, Citibank and Union Bank of California have already had cards compromised by the new technology. Retailer-issued cards are also thought to be at risk.

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