ATM Jackpotting, a technique used by hackers to make cash pour out of ATM machines hits US, Europe and Asia

ATM Jackpotting, a technique used by hackers to make cash pour out of ATM machines hits US, Europe and Asia

Like This Video 0 2262 rauf shola
Added by January 31, 2018

ATM Jackpotting, in which thieves/hackers 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.

Until now however, 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.”

The thieves have been posing as ATM technicians and, using a medical endoscope, locate an area within the machine where they can attach their own computers. The original hard disk of the ATM is removed and replaced with a disk that mirrors the ATM’s own software. At that point, the ATM appears out of service to regular customers, while fraudsters can remotely control it and force it to spit out cash, using “money mules” to actually collect the cash.

In this recent spate of US attacks, fraudsters appear to be targeting Diebold Nixdorf-made ATMs, which has said in a statement that “potentially all front-load AFD based Opteva models” could be vulnerable. Another ATM manufacturer, NCR Corporation, has also warned customers about the potential attacks, though it has said the attacks currently “appear focused on non-NCR ATMs.” ATMs still running Windows XP are said to be particularly vulnerable, according to the Krebs report.

It’s unclear which particular strain of malware is being used in this case, though the Krebs report suggests that it could be a strain of malware known as Ploutus.D. Last spring, researchers from Kaspersky Lab wrote about three (seemingly easy) ways in which fraudsters can hack and remotely control ATMs, including using a file-less malware known as ATMitch.

Similar Videos

Lagos Land Use Act Fee To Fund Social Infrastructure

0 1966 0

The Lagos State Government on Monday said the hike in the Land Use Charge (LUC) was meant to shore up resources to provide social services and infrastructure in the state. The government had recently repealed its 2001 Land Use Charge

Kwara Assembly Stops Payment Of Ex-Govs, Deputies’ Pension

0 1607 0

The Kwara State House of Assembly has passed an amendment bill stopping payment of pension to former governors, deputy governors and other officers holding political offices after their tenure in office. The passage of the bill followed the consideration of

Corps Member Dragged Into Bush, Raped And Strangled To Death

0 2755 0

  A serving member of the National Youth Service Corps (NYSC) Tawose Modupe has been allegedly murdered by a man she engaged to teach her how to drive. Modupe was serving in Ogun state, Southwest Nigeria. It was gathered that

No Comments

No Comments Yet!

No Comments Yet!

But You can be first one to write one

Write a Comment

Your data will be safe!

Your e-mail address will not be published. Also other data will not be shared with third person.
Required fields are marked*