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Five plead guilty in latest federal ATM jackpotting case

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Five plead guilty in latest federal ATM jackpotting case

Five Venezuelan nationals pleaded guilty in a federal ATM jackpotting case, adding to ongoing enforcement actions against organized groups that target automated teller machines. Federal law enforcement continues to warn about the prevalence of ATM jackpotting gangs operating against financial infrastructure.

Why it matters: Financial institutions and their security teams need to assess ATM vulnerability to jackpotting attacks and deploy physical and software safeguards, as organized criminal groups remain active in targeting these devices.

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Correction

Correction recorded as of .

breaches incidents

Five plead guilty in latest federal ATM jackpotting case

Five Venezuelan nationals pleaded guilty in a federal ATM jackpotting case, adding to ongoing enforcement actions against organized groups that target automated teller machines. Federal law enforcement continues to warn about the prevalence of ATM jackpotting gangs operating against financial infrastructure.

Why it matters: Financial institutions and their security teams need to assess ATM vulnerability to jackpotting attacks and deploy physical and software safeguards, as organized criminal groups remain active in targeting these devices.

Source published
First seen by Cybersecurity Tracker

Source attribution

Correction

Correction recorded as of .

breaches incidents

Five plead guilty in latest federal ATM jackpotting case

Five Venezuelan nationals pleaded guilty in a federal ATM jackpotting case, adding to ongoing enforcement actions against organized groups that target automated teller machines. Federal law enforcement continues to warn about the prevalence of ATM jackpotting gangs operating against financial infrastructure.

Why it matters: Financial institutions and their security teams need to assess ATM vulnerability to jackpotting attacks and deploy physical and software safeguards, as organized criminal groups remain active in targeting these devices.

Source published
First seen by Cybersecurity Tracker

Source attribution

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