It’s almost like winning the lottery for hackers, except this form of so-called “jackpotting” is very much illegal, making ATMs spit out cash. Nathan Rousseau Smith (@FantasticMrNate) reports.
The Secret Service has been warning US financial institutions that domestic ATMs are being targeted in jackpotting attacks, according to a new report from well-known security journalist Brian Krebs.
Jackpotting, in which thieves use a variety of tools to hack into ATMs and cause them to dispense large amounts of cash on demand, has been a legitimate threat for several years now. The late computer hacker Barnaby Jack famously showed off an ATM exploit at the Black Hat conference back in 2010. But until now, jackpotting was mostly a threat in Europe, Asia, and Mexico.
According to the Krebs report, the US Secret Service recently sent out a confidential alert to multiple financial institutions warning that the “targeted stand-alone ATMs are routinely located in pharmacies, big box retailers, and drive-thru ATMs.”