Attacks on ATMs have increased by one over the years. As a consequence, the losses associated with the attacks also increased, with most of them concentrated in Asia and the United States and the protagonist this time is known as Black Box.
An example of these practices is in 2016 that a practice called Transaction reverse fraud emerged and it was used to manipulate the cash dispenser of the ATM so that it appears that it has not ejected the bills. In this way, a third party can then agree to take it. During 2016, some 12,500 incidents related to this practice were registered, 147% more than the previous year.
What is the Black Box attack
Now a cybercriminal group has managed to steal all the money from at least 35 ATMs operated by some Italian banks using an attack technique known as a black box. Local authorities confirmed that the hacking group stole approximately 800 thousand euros in a 7-month-long campaign identified as.
Regarding the attack variant used, cybersecurity specialists mention that this is an attack similar to the jackpotting technique in which ATMs are forced to deliver all the money through a series of commands issued by a device known as a box. black. These devices must be connected to the attacked ATM in order to complete the sending of commands.
Black box attacks have become extremely popular among the cybercriminal community in the United States and Europe, so multiple malicious hacking groups have focused on developing and selling the hardware and software tools necessary to complete these attacks.
In addition to this, ATMs with poorer security measures become especially vulnerable to these attacks, as they are easier to physically manipulate and most do not have adequate protection mechanisms at the software level.
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