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By Sheetal Sukhija | Monday January 29, 2018
World’s largest ATM makers warn of attacks on U.S. machines
In a stark warning, the world’s largest ATM makers have warned that cybercriminals are targeting U.S. cash machines with tools that force them to spit out cash. According to Diebold Nixdorf Inc and NCR Corp, the world’s largest ATM makers, the hacking schemes being used is known as “jackpotting.” So far, the ATM makers have not identified any specific victims, neither have they mentioned exactly how much money had been lost due to jackpotting. However, it warned that jackpotting has been rising worldwide in recent years. Security news website Krebs on Security revealed the nature of the attacks and said they had begun last year in Mexico. The company said that upon discovery, they had sent out alerts to clients. In the alert, NCR reportedly said that these cases were the first confirmed “jackpotting” losses in the U.S., and that its equipment had not been targeted in the recent attacks. The company added that it was still a concern for the entire ATM industry. The alert noted, “This should be treated by all ATM deployers as a call to action to take appropriate steps to protect their ATMs against these forms of attack.” In a separate alert, Diebold Nixdorf said...Read more