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30th January 2018 05:01
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Avalon Member
Jackpotting Attacks Hit U.S. ATMs
Wonder if stories like this will be cited should a country push for cashless society. Probably not because the whole thing starts with a computer hack. What could be said that would make people think a cashless system would be any more secure then one with cash?
First ‘Jackpotting’ Attacks Hit U.S. ATMs
ATM “jackpotting” — a sophisticated crime in which thieves install malicious software and/or hardware at ATMs that forces the machines to spit out huge volumes of cash on demand — has long been a threat for banks in Europe and Asia, yet these attacks somehow have eluded U.S. ATM operators. But all that changed this week after the U.S. Secret Service quietly began warning financial institutions that jackpotting attacks have now been spotted targeting cash machines here in the United States.
To carry out a jackpotting attack, thieves first must gain physical access to the cash machine. From there they can use malware or specialized electronics — often a combination of both — to control the operations of the ATM.
A keyboard attached to the ATM port.
On Jan. 21, 2018, KrebsOnSecurity began hearing rumblings about jackpotting attacks, also known as “logical attacks,” hitting U.S. ATM operators. I quickly reached out to ATM giant NCR Corp. to see if they’d heard anything. NCR said at the time it had received unconfirmed reports, but nothing solid yet.
On Jan. 26, NCR sent an advisory to its customers saying it had received reports from the Secret Service and other sources about jackpotting attacks against ATMs in the United States.
Reference continues here
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5th February 2018 03:22
Link to Post #2