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ATM Jackpotting Attacks: FBI Warns of Spike

Published 2 weeks, 5 days ago
Description

FBI Warns of Surge in ATM Jackpotting Attacks: Protect Your Cash

The FBI has issued a serious warning about a spike in ATM jackpotting attacks across the country. Since 2020, investigators have tracked nearly 1900 of these hits on machines nationwide, with 700 going down just last year alone, resulting in $20 million in losses. These scams target standalone ATMs, especially in rural areas, where criminals pry open the front panel, slip in malware, and reprogram the machine to dispense all its cash. Outdated software on many of these machines, running old Windows versions, makes them easy targets for organized crews. Banks are feeling the financial impact, passing on the costs to everyday folks through higher fees and insurance hikes. The FBI has charged 93 members of the Venezuelan Tren de Aragua terror group for fueling this nationwide wave. To protect your cash, be vigilant for tampering on ATMs, set up transaction alerts on your account, and report any suspicious activity to your bank and local law enforcement.

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