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ATM ‘Jackpotting’ Attacks Reveal Deeper Problems

Last month, fellow Forbes contributor Lee Mathews reported on the recent wave of ‘Jackpotting’ attacks on ATMs in the United States. Jackpotting is where a hacker installs malware on an ATM causing it to spit out all its money.

Since legendary hacker Barnaby Jack demonstrated the ease of jackpotting at a Black Hat conference in 2010, people have been expecting such attacks to eventually hit the US.

Cutlet Maker user interface.

Cutlet Maker user interface.

With the US Department of Justice’s recent arrest of two men involved in this malfeasance on US soil, it’s now clear that jackpotting is a real threat here. The question remains, however: just how big?

Will hackers hit all the ATMs, or is it a simple matter to prevent further attacks? And why were ATMs still so vulnerable to this attack, eight years after jackpotting came to the attention of the ATM manufacturers as well as their customers?

And perhaps the most important question of all: what does the jackpotting trend mean for cybersecurity in general?

Making Cutlets

This story begins, as so many hacking stories do, on the Dark Web – hidden areas of the Internet where criminals do business.

A simple search on a malware portal turns up Cutlet Maker – the core malware package that instructs certain ATMs to spit out their dough. “Cutlet Maker requires almost no advanced knowledge or professional computer skills from the criminal,” reports Konstantin Zykov, developer and security researcher at Kaspersky Lab. “Cutlet Maker interacts with the ATM’s software and hardware, encountering almost no security obstacles at all.”

Read the entire article at https://www.forbes.com/sites/jasonbloomberg/2018/02/12/atm-jackpotting-attacks-reveal-deeper-problems/

Intellyx publishes the Agile Digital Transformation Roadmap poster, advises companies on their digital transformation initiatives, and helps vendors communicate their agility stories. As of the time of writing, Accelerite is an Intellyx customer. None of the other organizations mentioned in this article are Intellyx customers. Image credit: anonymous creator of Cutlet Maker.

Read the original blog entry...

More Stories By Jason Bloomberg

Jason Bloomberg is the leading expert on architecting agility for the enterprise. As president of Intellyx, Mr. Bloomberg brings his years of thought leadership in the areas of Cloud Computing, Enterprise Architecture, and Service-Oriented Architecture to a global clientele of business executives, architects, software vendors, and Cloud service providers looking to achieve technology-enabled business agility across their organizations and for their customers. His latest book, The Agile Architecture Revolution (John Wiley & Sons, 2013), sets the stage for Mr. Bloomberg’s groundbreaking Agile Architecture vision.

Mr. Bloomberg is perhaps best known for his twelve years at ZapThink, where he created and delivered the Licensed ZapThink Architect (LZA) SOA course and associated credential, certifying over 1,700 professionals worldwide. He is one of the original Managing Partners of ZapThink LLC, the leading SOA advisory and analysis firm, which was acquired by Dovel Technologies in 2011. He now runs the successor to the LZA program, the Bloomberg Agile Architecture Course, around the world.

Mr. Bloomberg is a frequent conference speaker and prolific writer. He has published over 500 articles, spoken at over 300 conferences, Webinars, and other events, and has been quoted in the press over 1,400 times as the leading expert on agile approaches to architecture in the enterprise.

Mr. Bloomberg’s previous book, Service Orient or Be Doomed! How Service Orientation Will Change Your Business (John Wiley & Sons, 2006, coauthored with Ron Schmelzer), is recognized as the leading business book on Service Orientation. He also co-authored the books XML and Web Services Unleashed (SAMS Publishing, 2002), and Web Page Scripting Techniques (Hayden Books, 1996).

Prior to ZapThink, Mr. Bloomberg built a diverse background in eBusiness technology management and industry analysis, including serving as a senior analyst in IDC’s eBusiness Advisory group, as well as holding eBusiness management positions at USWeb/CKS (later marchFIRST) and WaveBend Solutions (now Hitachi Consulting).

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