Hacker demonstrates ATM bug at conference

A well-known computer hacker has demonstrated a piece of software at a conference that can be used to force ATMs to spit out cash.

Barnaby Jack, who spoke at the Las Vegas Black Hat conference late last week, said he spent over two years working with ATMs he purchased online. However, he pointed out these were independent machines, not the ones used in bank branches.

Jack, who is the director of security research for IOActive, demonstrated that he could steal money using two methods.

The first was to use a USB key uploaded with a program designed to bypass a password.

The second method was demonstrated by hacking machines over the internet. However, he refused to provide more detail because he didn’t want to “teach everybody how to hack ATMs. It's to raise the issue and have ATM manufacturers be proactive about implementing fixes".

"My reaction was, 'this is the game-over vulnerability right here,'" he said of the remote hack. "Every ATM I've looked at, I've been able to find a flaw in. It's a scary thing."

After making two demonstration machines spit out money, the audience applauded. Jack also revealed he had been working with ATM manufacturers to help increase their security measures.

Related Items :


Write comment
You must be logged in to post a comment. Please register if you do not have an account yet.

busy
 

Steve Jobs - Free eBookFREE eBOOK: Steve Jobs - Lessons from a legend

In this eBook, we look at the career of Steve Jobs and showcase a number of different lessons you can gain from following his example

Register for the SmartCompany Newsletter and receive 'Steve Jobs - Lessons from a legend'.

Please enter a valid email address. For example fred@domain.com .

By submitting your email you are agreeing to our Terms & Conditions.

Free Daily Newsletter
SmartCompany Newsletter Please enter a valid email address. For example fred@domain.com .
Follow us:

By submitting your email you are agreeing to our Terms & Conditions.

Sponsored Links

Business Resources

Our Partners

 

Private Media Publications

Crikey

loading...

Crikey Blogs

loading...

StartupSmart

loading...

Property Observer

loading...

Leading Company

loading...
Smartco

DIRECT LINKS

TOPICS

OUR PARTNERS

NETWORK PARTNERS

 

 

SmartCompany.com.au is Australia's leading website for SMEs featuring business news, business information and business blogs. SmartCompany's archive of news, feature articles, entrepreneur interviews and business webinars cover topics such as advertising and marketing, buying or selling a business, starting a business, growing a business, franchising, SEO, superannuation and tax.
SmartCompany is a Private Media website

Online Solution by Valegro

Download SmartCompany eBooks: 10 quick sales and marketing wins | Steve Jobs: Lessons from a legend50 tips from Australia's top SME entrepreneurs

Popular on Partner sites: Small business awards | Property Investment Tips | How to Write a Business Plan | Technology in Business | Business MentorsBusiness to Business | Small Business | How to Write a Marketing Plan | Federal Budget 2012 | Federal Budget 2012 webinar25 start up ideas