‘Cutlet Maker’ − Malware That Spits Cash Out of ATMs Has Spread Across the World

guest · Oct 17, 2019

Malware That Spits Cash Out of ATMs Has Spread Across the World
October 15, 2019
https://www.vice.com/en_us/article/...-cash-out-of-atms-has-spread-across-the-world

At 10am on a late November morning in Freiburg, Germany, a bank employee noticed something was wrong with a bank ATM.
It had been hacked with a piece of malware called "Cutlet Maker" that is designed to make ATMs eject all of the money inside them, according to a law enforcement official familiar with the case.

A joint investigation between Motherboard and the German broadcaster Bayerischer Rundfunk (BR) has uncovered new details about a spate of so-called "jackpotting" attacks on ATMs in Germany in 2017 that saw thieves make off with more than a million Euros.
Hackers typically install the malware onto an ATM by physically opening a panel on the machine to reveal a USB port.

In all, authorities have recorded 82 jackpotting attacks in Germany across different states in the past several years, according to police spokespeople. However, not all of those attacks resulted in successful cash-outs.

"The bad guys are selling these developments [malware] to just anybody," David Sancho, senior threat researcher at cybersecurity firm Trend Micro, and who works with Europol on jackpotting research, said. That has enabled smaller outfits or enterprising criminals to start targeting ATMs, he added.
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The European Association for Secure Transactions (EAST), a non-profit that tracks financial fraud, said jackpotting attacks decreased 43 percent over the previous year, in a report published this month. But it's worth stressing that EAST's report only covers Europe.

"Globally, our 2019 survey indicates that jackpotting attacks are increasing," Tente from ATMIA wrote in an email.
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‘Cutlet Maker’ − Malware That Spits Cash Out of ATMs Has Spread Across the World

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