Our medical records show a lot about us and, in the wrong hands, can be used against us in many different ways. (Identity theft / medical identity theft being the obvious ones.)
Basically, it is a process of tricking a person on the internet to retrieve their banking passwords, bank accounts, phone number, credit card details, etc.
Recently crackers have turned to rigging independent ATM machines (those found in groceries, gas stations, restaurants, and other small establishments) to defraud customers.
ID theft is here for the long haul but those behind it have had to become far more inventive about how they trick their victims into revealing sensitive information.