Organized ATM jackpotting groups still active, affects insurance coverage for banks – Oklahoma Bankers Association

Organized ATM jackpotting groups still active, affects insurance coverage for banks – Oklahoma Bankers Association

A search for key word “jackpotting” in OBA.com returns Fraud Alerts and other stories dating back to 2018. In 2024, we mentioned the increase in these ATM attacks on June 3, Aug. 19, Oct. 28, and Nov. 1. Jackpotting is a term used to describe cyber attacks on ATMs with the intent to illegally dispense cash without debiting an account. These man-In-The-middle attacks can drain an ATM quickly.  On March 21, attacks were attempted on NCR ATMs in Ok…