Aug 19, 2018
No Card Required: ‘Black Box’ ATM Attacks Move Into Europe
Posted by Genevieve Klien in categories: business, cybercrime/malcode
Fraudsters are now gingerly testing the waters in central and Western Europe with attacks that drain cash machines of their funds, according to a trade group that studies criminal activity around ATMs.
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The European Association for Secure Transactions, or EAST, says the attacks, sometimes referred to as “jackpotting,” rose 231 percent in 2017 compared to 2016. Last year, 193 incidents were reported compared to 58 in 2016.
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