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FBI says ATM ‘jackpotting’ assaults are on the rise, and netting hackers tens of millions in stolen money

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In 2010, the famed safety researcher Barnaby Jack spectacularly hacked into an ATM money machine onstage on the Black Hat safety convention, forcing it to spit out reams of financial institution notes in entrance of an awestruck viewers. 

Greater than a decade later, ATM jackpotting — because it’s known as — has damaged free from the realms of theoretical safety analysis into huge enterprise within the prison world.

Based on a brand new safety bulletin issued by the FBI, hackers have quickly ramped up their assaults in recent times, with greater than 700 assaults on money dispensers throughout 2025 alone, netting hackers a minimum of $20 million in stolen money.

Per the bulletin, the FBI says hackers are utilizing a mixture of bodily entry to ATM machines, similar to generic keys for unlocking entrance panels and accessing arduous drives, and digital instruments, like planting malware that may pressure ATMs to quickly dispense money in a flash.

The FBI warned that one specific malware, referred to as Ploutus, impacts quite a lot of ATM producers and money dispensers by focusing on the underlying Home windows working system that powers many ATMs. Ploutus grants the hackers full management over a compromised ATM, permitting them to situation directions able to tricking the dispenser into disbursing notes with out drawing funds from buyer accounts.

Ploutus takes benefit of extensions for monetary providers, or XFS software program, which ATMs depend on to speak with its varied different {hardware} parts, such because the PIN keypad, the cardboard reader, and the all-important money dishing out unit.

“Ploutus assaults the ATM itself moderately than buyer accounts, enabling quick cash-out operations that may happen in minutes and are sometimes troublesome to detect till after the cash is withdrawn,” per the FBI bulletin.

Safety researchers beforehand discovered points with XFS software program that may permit hackers to trick ATMs into dishing out money.

an animated GIF of an ATM dispensing wads of cash on stage at the Black Hat conference in 2009.
Barnaby Jack, the late safety researcher credited with the primary ATM “jackpotting” assaultsPicture Credit:YouTube

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