Drudge Retort: The Other Side of the News
Monday, January 29, 2018

A coordinated group of hackers likely tied to international criminal syndicates has pilfered more than $1 million by hijacking ATM machines across the United States and forcing them to spit out bills like slot machines dispensing a jackpot, a senior U.S. Secret Service official said on Monday. The criminal must gain physical access to the machine. The Secret Service recently obtained credible information about planned jackpotting attacks in the U.S. through partners of our Electronic Crimes Task Force (ECTF). Subsequently, we alerted other law enforcement partners and financial institutions who could potentially be impacted by this crime.

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Secret Service Press Release: (Washington, D.C.) -- On this date, The United States Secret Service issued warnings to financial institutions about cyberattacks on ATM's known as "jackpotting."

ATM jackpotting is a sophisticated crime in which thieves install malicious software and/or hardware at ATMs that force the machines to dispense huge volumes of cash on demand. To execute a jackpotting attack, perpetrators must gain physical access to the cash machine and install malware, or specialized electronics, or a combination of both to control the operations of the ATM.

Criminals have been able to find vulnerabilities in financial institutions that operate ATM's, primarily ATM's that are stand-alone. The targeted stand-alone ATMs are routinely located in pharmacies, big box retailers, and drive thru ATMs. Criminals range from individual suspects to large organized groups, from local criminals to international organized crime syndicates.

The Secret Service recently obtained credible information about planned jackpotting attacks in the U.S. through partners of our Electronic Crimes Task Force (ECTF). Subsequently, we alerted other law enforcement partners and financial institutions who could potentially be impacted by this crime.

The Secret Service currently has 40 ECTF's throughout the U.S. ECTF's utilize the combined resources of the private sector and other federal, state and local law enforcement agencies to combat threats to the U.S. financial payment systems and critical infrastructure. The purpose of the ECTF's is to aggressively pursue and apprehend cyber criminals.

The Secret Service continues to foster partnerships through our ECTF's to investigate and arrest individuals and organized criminals groups engaged in financial crimes. In addition we utilize technology to investigate cybercrime more efficiently, to educate local law enforcement, and to warn financial institutions of potential and known threats to our financial infrastructure.

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My dream is to find a duffel bag filled with drug money.

#1 | Posted by SheepleSchism at 2018-01-30 02:36 AM | Reply | Funny: 1

My dream is to find a duffel bag filled with drug money.

You'd like to meet Anton Chigurh?

#2 | Posted by REDIAL at 2018-01-30 07:09 AM | Reply

The list of people with internal "physical access" to ATM machines must be a short list, made even shorter across several Banks. This is a solvable crime. The best way to rob a Bank is to own one.

#3 | Posted by bayviking at 2018-01-30 07:36 AM | Reply | Newsworthy 1

#3 Jamie Dimon knows that all too well.

#4 | Posted by 726 at 2018-01-30 12:03 PM | Reply

The list of people with internal "physical access" to ATM machines must be a short list, made even shorter across several Banks. This is a solvable crime. The best way to rob a Bank is to own one.

#3 | POSTED BY BAYVIKING AT 2018-01-30 07:36 AM | REPLY |

anybody can get physical access to a machine if it is poorly placed. Its the same way they put card skimmers on gas pumps.

#5 | Posted by hatter5183 at 2018-01-30 01:42 PM | Reply

"... primarily ATM's that are stand-alone. The targeted stand-alone ATMs are routinely located in pharmacies, big box retailers, and drive thru ATMs.

These ATMs are owned by private individuals and small companies that take a charge for each cash transaction - banks have nothing to do with this unless they sign contracts with these companies and even then banks are still protected

- anyone can buy an ATM and start a ATM business -

www.cordfinancial.com

Criminals start such a business for money laundering - they then get an insurance company to issue a policy and then get someone to "hack" the machines - "The criminal must gain physical access to the machine" which is easy to do if you own it -

Always amazed no one back ground checks these stories

#6 | Posted by Pegasus at 2018-01-31 08:18 AM | Reply

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