Hackread – Cybersecurity News, Data Breaches, AI, and More
Two Venezuelan nationals are facing deportation after being implicated in a multi-state ATM jackpotting scheme. Authorities reported that both suspects were in the United States illegally and used sophisticated techniques to manipulate ATMs, allowing them to withdraw large sums of cash unlawfully. This type of attack, known as jackpotting, targets ATMs and involves exploiting vulnerabilities in the machines' software or hardware. The incident raises concerns about the security of ATM systems and highlights the ongoing challenges law enforcement faces in combating financial crimes. As these types of schemes become more prevalent, financial institutions may need to enhance their security measures to protect against similar attacks in the future.