FBI warns ATM jackpotting scams caused $20M in losses last year | Latest Tech News
ATM “jackpotting” schemes are on the rise across the nation, according to the Federal Bureau of Investigation.
Hackers are exploiting a combine of “physical and software vulnerabilities in ATMs” to get them to spit out money without the need for an precise buyer or transaction, the feds warned in a bulletin.
More than $20 million in money was stolen last year alone, the FBI alert said. The feds have recognized about 1,900 jackpotting incidents across the nation since 2020.
The dangerous actors often use “widely available general keys” to open an ATM’s face and take away its exhausting drive. Next, they add malware to override its security – or substitute the exhausting drive fully with a compromised machine.
Jackpotting incidents led to $20M in losses last year.
“The malware interacts directly with the ATM hardware, bypassing any communications or security of the original ATM software,” the Thursday bulletin acknowledged.
Jackpotting assaults consequence in losses for banks relatively than clients, since they don’t goal particular accounts or exploit PIN numbers.
The FBI urged the public to look for indicators of a breach, since as evidence that a international USB machine was plugged into the ATM, and report any suspicious exercise to the authorities.
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