Security researcher sounds alarm over ATM NFC reader vulnerabilities

CyberTech

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Nov 10, 2017
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IOActive security researcher Josep Rodriquez has warned that the NFC readers used in many modern ATMs and point-of-sale systems are leaving them vulnerable to attacks, Wired reports. The flaws make them vulnerable to a range of problems, including being crashed by a nearby NFC device, locked down as part of a ransomware attack, or even hacked to extract certain credit card data.

Rodriquez even warns that the vulnerabilities could be used as part of a so-called “jackpotting” attack to trick a machine into spitting out cash. However, such an attack is only possible when paired with exploits of additional bugs, and Wired says it was not able to view a video of such an attack because of IOActive’s confidentiality agreement with the affected ATM vendor.

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