Thieves are fetching cash from ATMs with modern technology

Robbers are fetching cash from ATMs with modern technology
Source: Web

Modern thieves with high-tech abilities are upgrading their ways to steal from ATMs. A primary American ATM supplier, Diebold Nixdorf, said that it is observing a surge in the number of ATM jackpotting strikes where robbers are attaching gadgets that hold proprietary software to take over the ATM. The news was initially reported by Ars Technica.

However, in the beginning, jackpotting refers to connecting an external black box to distribute funds unlawfully.

In an alert, Diebold Nixdorf said that this black-box is not the same because, at that stage of their inspections, it appears that this gadget also holds part of the software stack of the hacked ATM. Moreover, the software stack classically refers to the main proprietary software parts required to work on a computing device.

Thieves are fetching cash from ATMs with modern technology
Source: Web

Such as, in previous happening incidents in specific European countries, attackers/hackers break via the front side of the ATM in order to reach the main department, the firm described. After this, the cable between the ATM’s electronics and the dispenser is unplugged. Furthermore, the wire is attached to the black box, which is completely in the attacker’s control, in order to run illegal, dispense instructions with the help of software stack, the company described.

Company’s software is not used to help attackers

In a statement, Diebold Nixdorf told a media agency, Fox News, that they have no evidence that their firm’s software was used to help this attack, as their inspection with law enforcement is currently proceeding.

In the past few attacks on many ATMs, attackers can spit out around forty bills per 23 seconds, a Secret Service alert 2018 described, according to a study from Krebs On Security.

The Secret Service alert says that once the distributive cycle begins, the only path to avert it to press the cancel button on the keypad. Otherwise, the ATM machine is completely drained of cash.

The research says that targeted machines are usually located in big-box retailers, pharmacies, and other drive-thru ATMs, mentioning a private Secret Service alert directed to financial organizations.

In some previous stealing, fraudsters outfitted as an ATM technician and connected his laptop with mirror pic of the ATMs operating system and even connecting the mobile device to that ATM, Krebs says.

In a statement, Diebold Nixdorf said to Fox News that jackpotting had been a critical problem globally that can affect ATMs all across the US states.