The FBI has raised alarms over a sharp rise in ATM jackpotting attacks across the United States, where hackers exploit vulnerabilities in cash machines to steal large sums quickly. In 2025 alone, more than 700 incidents were reported, with criminals reportedly taking at least $20 million in cash, highlighting the growing sophistication of these operations.
ATM jackpotting involves a combination of physical access and digital manipulation, allowing hackers to override machine controls. Criminals often use generic keys to open ATM panels, install malware, and instruct machines to dispense cash without affecting customer accounts, making detection extremely difficult.
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A prominent malware known as Ploutus is frequently used in these attacks. It targets ATMs running Windows-based systems, exploiting extensions for financial services software to control cash dispensers, PIN keypads, and other essential hardware, enabling rapid and automated withdrawals.
The FBI noted that such attacks focus on the ATMs themselves rather than individual accounts, allowing cash-outs to occur in mere minutes. This operational speed makes these incidents challenging to prevent or stop once the malware has been installed.
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Security experts are urging financial institutions to reinforce ATM protections, including updating software, monitoring unusual dispensing patterns, and restricting physical access to machine hardware. Enhanced vigilance can help prevent hackers from exploiting these systemic vulnerabilities.
Authorities warn that as jackpotting grows more sophisticated, banks and customers must remain alert. Public awareness campaigns, combined with stronger cybersecurity protocols, are essential to curb this lucrative criminal activity and protect millions in cash.