Commerce Now

Podcast Summary: Jackpotting, a sophisticated cyber-attack combined with the physical manipulation of an ATM machine, has been sweeping across Europe, Asia, and Central America for the past decade. It recently made its way onto US soil in early 2018. In fact, these hackers swept up 1 million before anyone caught on, and they’ve continued targeting banks and credit unions in small towns with lax security and outdated software. In January, two men were arrested for a jackpotting attacks in Rhode Island and Connecticut. Other attempts and attacks have been reported in the Pacific Northwest, New England, and along the Gulf. While it’s unclear just how much money has been taken in total, these attacks are still occurring, and they won’t stop any time soon. In this episode, we’ll be talking the “what, where, when, and how” of jackpotting, as well as how financial institutions can protect their ATM fleet - and their brand image - from damage. Resources: Blog: https://blog.dieboldnixdorf.com/dont-be-the-jackpot-prot