Two Venezuelan men went on a crime spree through Colorado, Idaho and Utah, cracking into seven ATMs and using software to trick the machines into spitting out as much as $98,000 at a time. The alleged crooks used a technique common in Latin America and Europe but very new in the U.S. called “jackpotting.” Thieves use a key or violently crack open the exterior of an ATM and then insert software into the machine’s computer hard drive instructing it to purge all of its cash.
Source: Denver Post
Date: February 9th, 2018
1) What physical steps can a bank take to stop “jackpotting”?
2) What logical (as in within the ATM software code) can a bank take to stop “jackpotting”?