• The attacks cost banks more than $20 million in losses last year, as criminals used many of the same tools and tactics they have wielded for more than a decade. • The attacks cost banks more than $20 million in losses last year, as criminals used many of the same tools and tactics they have wielded for more than a decade.

Article Summaries:

  • In 2025, ATM jackpotting incidents spiked, inflicting over $20 million in losses on banks. Criminals employed the same hardware‑based tampering tools and software exploits that have been used for more than a decade, allowing them to extract cash from machines without triggering alarms. The surge underscores the persistence of this low‑tech, high‑yield crime, prompting banks to review security protocols and invest in more robust anti‑jackpotting measures. The incident highlights the ongoing challenge of protecting automated teller systems against well‑established, yet evolving, attack techniques.
  • ATM jackpotting incidents rose sharply in 2025, inflicting more than $20 million in losses for banks. Criminals exploited the same hardware‑tampering techniques that have been in use for over a decade, inserting devices that force ATMs to dispense cash without authorization. The surge underscores the persistence of this low‑cost, high‑yield crime, prompting banks to review security protocols and invest in tamper‑evident measures. While the financial impact remains significant, authorities have not yet identified a coordinated group behind the uptick, and investigations continue.

Sources: