Secret Service: Beware of Atm ‘Jackpotting’

AMERICAN BANKS ARE BEING WARNED ABOUT A NEW THREAT: JACKPOTTING

(CNN) – Banks in the U.S. are being warned about a new hacking scheme.

It’s called “jackpotting,” and it involves stealing money from ATM’s.

Authorities say robbers are using malware or hacking tools to get control of cash machines.

Once that is done, the money dispenses the cash inside quickly as if the robber has just won a jackpot.

Secret Service officials say stand-alone machines, like the ones in retailers and pharmacies, are especially vulnerable.

Jackpotting has been reported in Asia and Europe, but it’s a relatively new threat in the U.S.

At least six of this type of thefts have happened within the last few days; with more than a million dollars stolen.

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