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New ways criminals steal from the ATM.

The American Secret Service is warning banks about a hacking scheme called “jackpotting” that lets someone steal money from ATMs. To execute the cyberattack, a thief needs physical access to an ATM and will use malware, physical hacking tools, or both, to take control of the machine and force it to dispense cash quickly. If it works, cash pours out of the ATM like the hacker won a jackpot.

Criminals associated with jackpotting can be individuals or organized crime groups. “The targeted stand-alone ATMs are routinely located in pharmacies, big box retailers, and drive thru ATMs.”

ATM makers Diebold Nixdorf and NCR Corporation confirmed they have alerted clients to the potential jackpotting attacks and for banks and financial organizations including individuals to be vigilant.

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