News Detail

ATM Jackpotting Incidents on the Rise: FBI Issues Warning

The U.S. Federal Bureau of Investigation (FBI) has reported a significant increase in ATM jackpotting incidents across the country, resulting in substantial financial losses. Since 2020, a total of 1,900 ATM jackpotting incidents have been reported, with 700 of these incidents occurring in the last year alone.

The FBI has warned that these incidents have led to losses of over $20 million in 2025, highlighting the severity of the issue. In December 2025, the U.S. Department of Justice (DoJ) announced that the total amount lost due to these incidents collectively exceeded $40.73 million.

Understanding ATM Jackpotting

ATM jackpotting is a type of cyber attack where hackers target ATMs, forcing them to dispense large amounts of cash. This is often achieved through malware infections or physical attacks on the ATMs themselves. The attackers typically use sophisticated techniques to remain undetected, making it challenging for authorities to track and apprehend them.

• Malware infections: Hackers infect ATMs with malware, allowing them to control the machines remotely and dispense cash at will.
• Physical attacks: Attackers physically access the ATMs, using tools and techniques to override security mechanisms and dispense cash.
• Lack of security updates: Failure to regularly update ATM software and security patches can leave them vulnerable to exploitation.

Prevention and Mitigation

To prevent and mitigate ATM jackpotting incidents, it is essential for financial institutions and ATM operators to implement robust security measures. This includes:

• Regular security updates and patching
• Implementation of anti-malware solutions
• Physical security measures, such as alarms and cameras
• Employee training and awareness programs

Additionally, individuals can take steps to protect themselves, such as monitoring their accounts regularly and reporting any suspicious activity to their financial institution.

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