A Devastating ATM Hack Swept the World—And Finally Hit the US
A Devastating ATM Hack Swept the World—And Finally Hit the US
Security, Spoken · SpokenLayer
February 1, 20187m 38s
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Show Notes
In July 2016, ATM hackers in Taiwan raked in more than $2 million using a new type of malware attack that manipulated machines into spitting out tons of cash. The method, dubbed "jackpotting," quickly spread across parts of Asia, Europe, and Central America, resulting in tens of millions of dollars of stolen cash. By November 2016, the FBI issued a warning that "well-resourced and organized malicious cyber actors have intentions to target the US financial sector” using this approach.
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