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Jackpotting schemes cost local banks thousands of dollars. How does the cyberattack work?

Summary by KSAT 12
While the term “jackpotting” sounds like it should be a win, it’s actually costing local banks and other ATM owners tens of thousands of dollars.According to the U.S. Secret Service, jackpotting involves criminals using malicious software and/or computer hardware to launch a cyberattack on ATMs. They are then able to manipulate the machines to spit out thousands of dollars.“The machine will just continue to dispense until it’s drained. It could …

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KSAT 12 broke the news in San Antonio, United States on Wednesday, March 19, 2025.
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