Information Systems Integration – Tony Messina

Monthly Archives: February 2018

ATM Hacking the New Cyber Attack

 

 

 

 

 

 

Article Link: http://money.cnn.com/2018/01/29/technology/business/jackpotting-us-atm-hack/index.html

When we were reviewing the Cirque Du Soleil case, the conclusion was that IT is IT. IT can enhance any industry, and it’s definitely enhancing hacking ATMs by making it easier to steal money like it’s the jockpot. This actually, makes the case for why Cyber Security is so important right now.

Last week alone, six ATM hacking attacks happened in six different cities in the US resulting in a stolen sum of $1 million so far.

A cyber security firm tracked conversations around malware used for jackpotting and also people talking on some forums about new ATM hacking hardware targeting specific machines. The same company spotted a jackpotting guide available for sale on one dark web forum

The same way IT can take a business to the next level and make some aspects of our lives easier, it can be used for criminal activity as well because again IT is IT!

What do you think is the solution to stop these criminal activities? Fight IT with IT? How important is Cyber Security now that we face all this hacking targeted specifically towards financial situations and individuals?

Share your thoughts, questions, and ideas by leaving a comment below.