ATMs have revolutionized banking services by providing easy access to cash. However, they have also become one of the primary targets for criminals. Criminals prefer to rob older models of ATMs that have relatively weak security. Therefore, modern technologies and security systems can help protect both banks and customers.
Types of ATM Robberies
1. Physical Attacks (Smash-and-Grab)
Criminals use brute force to break into or remove ATMs entirely.
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Methods: Crowbars, explosives, or vehicles (ram-raids) to force access.
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Prevention: Reinforced ATM safes, anti-ram barriers, and surveillance cameras.
2. Skimming & Shimming (Electronic Theft)
Fraudsters install devices on card readers to steal users’ card data.
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Methods: Fake card readers, hidden cameras, and Bluetooth/Wi-Fi data transmission.
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Prevention: EMV chip enforcement, anti-skimming technology, and user awareness.
3. Jackpotting (Malware Attacks)
Hackers install malware that forces ATMs to dispense cash without authorization.
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Methods: USB or network-based hacking, infected software updates.
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Prevention: Secure software updates, disabling USB ports, and AI-based fraud detection.
4. Card Trapping & Cash Trapping
Criminals install devices that capture a user’s card or cash, allowing them to retrieve it later.
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Methods: Hidden traps, adhesives, and fake slots.
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Prevention: Regular ATM inspections and protective card readers.
5. Insider Fraud & Cyber Attacks
Bank employees or IT specialists manipulate systems for personal gain.
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Methods: Credential theft, fake withdrawals, internal system hacks.
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Prevention: Strict access controls, multi-factor authentication, and internal audits.
Preventive Measures for Banks and ATM Operators
- Surveillance and Alarm Systems
- GPS Tracking System
- Installation of Next-Generation ATMs
- Customer Awareness and Education
- Use of High-Security Ink
- Real-Time ATM Management
It is necessary to always stay vigilant
As technology advances, so do the methods criminals use to target ATMs. Financial institutions must remain vigilant and proactive, combining physical security with cutting-edge cybersecurity to safeguard cash and customer information.
