Fergie's Tech Blog

ATM Security Flaws Could be a Jackpot for Hackers

Jom Finkle writes for Reuters:

Barnaby Jack, head of research at Seattle-based, security firm IOActive Labs, will demonstrate methods for "jackpotting" ATMs at the Black Hat security conference in Las Vegas that starts on July 28.

"ATMs are not as secure as we would like them to be," Jeff Moss, founder of the Black Hat conference and a member of President Obama's Homeland Security Advisory Council said. "Barnaby has a number of different attacks that make all the money come out."

Jack declined to discuss his techniques before the conference. The world's biggest ATM manufacturers include Diebold Inc and NCR Corp. Officials with those companies could not be reached for comment.

Banks may cringe when he speaks, fearing would-be crooks will adopt his methods. But Moss said that going public will raise awareness of the problem among ATM operators and prompt them to tighten security.

posted by Fergie @ 6/25/2010 04:24:00 PM