ATM jackpotting is the exploitation of physical and software vulnerabilities in automated banking machines that result in the machines dispensing cash.
With physical access to a machine, ATM
jackpotting enables the theft of the machine’s cash reserves, which are not
tied to the balance of any one bank account. Thieves who are successful and
remain undetected can walk away with all of the machine’s cash.
The culprits use a portable computer to
physically connect to the ATM along and use malware to target the
machine’s cash dispenser. In this bold public approach, an attacker will often
use deception and weaker targets to limit risk, like dressing as service
personnel to avoid scrutiny. Stand-alone ATMs in retail and service outlets are
more likely targets, away from a bank’s tighter monitoring and security. Older
machines, which may not be fully up to date, are also common targets. ATM
owners are encouraged to apply all available updates.
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