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Secret Service warning banks about ATM 'jackpotting' | abc7news.com:
"By David Louie
Updated 2 hrs 58 mins ago
SAN FRANCISCO (KGO) -- Thieves have discovered a new way to exploit older ATM's into spitting out every dollar they hold. It's called jackpotting because of the speed of the bills flying out, resembling how slot machines used to pay out coins.
The Secret Service has warned financial institutions to expect a wave of jackpotting over the next week to 10 days, based on its investigation of ATM crimes in several parts of the country.
The U.S. appears to be the latest target. In 2016, jackpotting yielded $13 million from ATM's. Twelve European countries and Mexico have also been hit recently.
Ahmed Banafa, from San Jose State's School of Engineering and an expert in the internet of things, says the thieves exploit free-standing ATM's operating Windows XP, which Microsoft no longer supports. The thieves first get inside the ATM to install malicious code or malware."
'via Blog this'
