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ATM Security – Learn How Hackers Are Draining ATM’s In 2020

One common story that you may have seen online this year is that more ATMs are getting hit by hackers than ever before and this makes ATM security vital for any owner who doesn’t want their machine to become a target of ATM hackers.

In this article, we will break down some of the most common ways that hackers are using to drain ATM’s in 2020.


How Hackers Are Testing The Limits Of ATM Security In 2020

ATM’s have been in existence now for over 40 years and one of the most common ways that they were robbed in the past was via smash and grab techniques.

Today’s modern world requires advanced techniques to steal from ATM’s and its no been uncommon for thieves to utilize the services of hackers who can test their techniques on real ATMs (that they buy off the internet) before they go to live ATM’s to hack them in person.

Over the years, it’s not been uncommon for hackers to show up at an ATM to prep the machine before the thieves arrive and they are often able to use different techniques to force the machine to dispense hundreds of $20 bills in seconds.

It’s not uncommon for today’s hackers to show up at convenience stores, supermarkets, retail stores, or other ATM locations dressed as repairmen. If the owner or manager of the location isn’t on-site to verify the repair, they are often able to gain access to the ATM and go to work.

Once a hacker is physically working on an ATM, they will disconnect it from the internet and disconnect the machine's video cable as well so that they can go to work hacking the ATM.

If the ATM is still running Windows XP, that’s even better, because it’s easier for the hacker to penetrate, and they will have a much simpler time accessing the ATM’s safe. After the safe is accessed, it’s only a matter of time before these criminals can have the machine dispensing hundreds of dollars and they can have an ATM drained in minutes.

Tips For Protecting Your ATM Machine

Don’t want your ATM to become a victim of hackers? Here’s how to protect it so that it won’t become the favorite hacking destination in the city or town where it’s located. Tip #1 – Schedule random physical and virtual checks of all your ATMs – This should be done on a weekly or bi-weekly basis.

Tip #2 – Install a detection system that will alert you when your ATM is offline.

Tip #3 – Utilize behavioral analytics – Using this type of software will help your ATM to “know” when it’s being used abnormally and send you an alert before it shuts down.

Tip #4 – Invest heavily in network security – Your goal should be to make sure that your network is hack proof so that hackers can’t just pull up to your ATM and hack it from their car. Your investment in your ATMs should also include regularly installing the latest Window’s Update’s to your machines so that they have the software updates that they need to stay hack-proof.

Tip #5 – Utilize Physical Security – If your ATM isn’t used at night, it should be locked up at night and not be accessible.

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