"Hackers throughout the globe are apprehending this is a low-cost and simple way to get some easy money. The ATMs with old software are targeted using black market code software, and the hackers are strolling off with millions in their pockets," says a collaborative study of Motherboard and German newsroom Bayerischer Rundfunk.
When jackpotting occurs, it doesn't matter how tech-savvy your ATM or bank is, the reason being is it all depends on the software. If the ATMs run on insecure and antiquated software, hackers can effortlessly steal out all your money. A few of the prominent cases of jackpotting attacks happened in Germany in the year 2017. Earlier studies claim that the cases of jackpotting have decreased in numbers but a new study reveals that it has become very common. "Survey conducted in 2019 shows that the crimes are rising," says David Tente, ATM Industry Association. Other unknown sources accepted the same. "Crimes are happening, but mostly it's not announced," said one.
The crimes in countries like Russia and ..
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