Home News ‘Jackpotting’ attacks are now hitting US ATMs, report says (Video)

‘Jackpotting’ attacks are now hitting US ATMs, report says (Video)

jackpotting

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.”

TheVerge, excerpt posted on  SouthFloridaReporter.com, Jan. 30, 2018

Video by Veuer/Nathan Rousseau Smith

The Verge is an ambitious multimedia effort founded in 2011 to examine how technology will change life in the future for a massive mainstream audience. Our original editorial insight was that technology had migrated from the far fringes of the culture to the absolute center as mobile technology created a new generation of digital consumers. Now, we live in a dazzling world of screens that has ushered in revolutions in media, transportation, and science. The future is arriving faster than ever.

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