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

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

    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,…



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