Why it’s easy for hackers to take over ATMs

Almost any ATM in the world could be illegally accessed and jackpotted with or without the help of malware.
According to research conducted by Kaspersky Lab experts, this is because of the widespread use of outdated and insecure software, mistakes in network configuration and a lack of physical security for critical parts of the ATM.
For many years the biggest threat to the customers and owners of ATMs were skimmers – special devices attached to an ATM in order to steal data from bank card magstripes. But as malicious techniques have evolved, ATMs have been exposed to more danger.
In 2014, Kaspersky Lab researchers discovered Tyupkin – one of the first widely known examples of malware for ATMs, and in 2015 company experts uncovered the Carbanak gang, which, among other things was capable of jackpotting ATMs through compromised banking infrastructure. Both examples of attack were possible due to the exploitation of several common weaknesses in ATM technology, and in the infrastructure that supports them. This is only the tip of the iceberg.
In an effort to map all ATM security issues, Kaspersky Lab penetration testing specialists have conducted research based on the investigation of real attacks, and on the results of ATM security assessments for several international banks. For the full article click here 

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