Cyber attacks have been a threat to global security for 15 years. Each year, more cyber attacks occur. The computer security world has dubbed those individuals who commit cyber fraud as “Black Hats.”
The “Black Hat” computer security conference originated in 1997 as an annual conference. Its attendee list includes government representatives, FBI agents, computer hackers and other computer experts.
The 2010 Black Hat Conference was just held in Las Vegas. One speaker, Barnaby Jack, did a presentation pertinent to the ATM industry. His topic: “Jackpotting Automated Teller Machines.” In his demonstration, he took a detour from the commonly known ATM hacks (skimming devices or smash and grabs). Barnaby was able to have the terminal spew out currency by attacking the terminal’s software.
Sightline Payments LLC doesn't know if it's “fact or fiction” in this identified hacking scheme, but, as Sightline uncover further information, we will share our discoveries.
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Kirk, Tom, and Diran