Connect with us

Hi, what are you looking for?

SecurityWeekSecurityWeek

Cybercrime

France Says Breaks Up International ATM ‘Jackpotting’ Network

French prosecutors said on Friday that police had broken up an international network aimed at the so-called “jackpotting” of ATMs that makes the machines eject all the cash they have inside.

French prosecutors said on Friday that police had broken up an international network aimed at the so-called “jackpotting” of ATMs that makes the machines eject all the cash they have inside.

Two suspects, aged 26 and 31, and already known to the authorities, have been charged and placed in detention, Paris prosecutor Remy Heitz said in a statement.

Jackpotting has become a known criminal scourge across the world in recent years. Malware is inserted into a cash machine — either manually or remotely — and a hacker then prompts the ATM to eject all its cash into the hands of accomplices at the scene.

Heitz said that between May 10-12 several individuals from the “Russian-speaking community” suspected of belonging to an “international jackpotting organisation” were detained in n Colombes outside Paris, Laval in western France and the southern city of Nice while trying to damage an ATM.

It said that the criminal group worked across Europe to insert malware into ATMs, attacking the machines at night.

“A hacker, operating from abroad, would take control of the cash dispensing software,” the statement said.

Advertisement. Scroll to continue reading.

Nineteen incidents across France have already come to light, with the financial damage estimated at 280,000 euros ($300,000).

“We have a new wave of ‘jackpotting’ in France,” Francois-Xavier Masson, head of France’s agency for combating crimes in information and communication technologies (OCLCTIC), told AFP, adding that more than 60 incidents have been identified since the end of 2019.

“There was a previous wave in 2018 and then it came to a halt, before resuming at the end of 2019. The way the groups act is changing, the teams are more international. But we are also changing how we act”, he added.

Related: New Strain of ATM Jackpotting Malware Discovered

Related: Duo Charged Over ATM “Jackpotting” Attacks

Related: Man Sentenced to Prison for ATM Jackpotting

Written By

AFP 2023

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing for the latest cybersecurity threats, trends, and expert insights.

Click to comment

Trending

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest threats, trends, and technology, along with insightful columns from industry experts.

Join this live webinar as we break down why email-layer defenses alone can't keep pace with the modern phishing ecosystem, how agentic AI is changing the capacity equation for security teams, and more.

Register

This year's summit will help organizations learn how to utilize tools, controls, and design models needed to properly secure cloud environments. Interact with leading solution providers and other end users facing similar challenges in securing a variety of cloud deployments.

Register

People on the Move

Tracey Mustacchio has joined Everfox as Chief Marketing Officer.

Mark Carter has been appointed Chief Information Security Officer at Socure.

Spektrum Labs has named Mark Cravotta Chief Operating Officer.

More People On The Move

Expert Insights

Four decades of incident response experience suggest that exploits are often the symptom, not the root cause, of today’s cybersecurity failures.

Daily Briefing Newsletter

Subscribe to the SecurityWeek Email Briefing to stay informed on the latest cybersecurity news, threats, and expert insights. Unsubscribe at any time.