This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
02/22/2018
ATM ‘Jackpotting’ Hackers Hauled Into Court
PYMNTS.com
The U.S. Justice Department has charged two men for allegedly hacking ATM machines in order to illegally obtain cash from them.
According to Reuters, Alex Alberto Fajin-Diaz, a 31-year-old from Spain, and Argenys Rodriguez, 21, of Springfield, Massachusetts, appeared before a federal judge on Monday (Feb. 5) and were charged with criminal bank fraud.
The two men were arrested on related state charges on Jan. 27, according to a statement from the U.S. attorney’s office in Connecticut. They had more than $9,000 in $20 bills, as well as tools and devices that could be used to hack ATM machines and force them to release cash.
The U.S. Secret Service revealed last week that hackers likely tied to international criminal syndicates had stolen more than $1 million from ATM machines across the country, from the Gulf Coast to New England.
Just last week, ATM makers Diebold Nixdorf and NCR Corporation warned that hackers in the U.S., using a scheme commonly called “jackpotting,” were using tools to force ATM machines to release wads of cash.
“This should be treated by all ATM deployers as a call to action to take appropriate steps to protect their ATMs against these forms of attack,” the alert said.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more informationResources
Your electronic library to help in fighting financial fraud for all of our partners.
more information