PaymentsJournal
No Result
View All Result
SIGN UP
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
PaymentsJournal
  • Commercial
  • Credit
  • Debit
  • Digital Assets & Crypto
  • Digital Banking
  • Emerging Payments
  • Fraud & Security
  • Merchant
  • Prepaid
No Result
View All Result
PaymentsJournal
No Result
View All Result

The Wireless ATM Store Announces Alternative Solution to Protect ATMs from Man-in-the-Middle Attacks

By PaymentsJournal
November 12, 2018
in Press Releases
0
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
atm

atm

In response to the recent man-in-the-middle ATM attacks reported in California, the Wireless ATM Store, working with ATM manufacture Genmega, has engineered new security features to help protect vulnerable TCP/IP wireless connections. The new security features are included in Genmega’s new software, available today.

“Our first priority is always our customers,” says Rick Tibberino, CEO of the Wireless Store. “We are very happy to have been able to provide an alternative solution to prevent this type of attacks so quickly.”

The California attacks targeted unencrypted ATM communications rather than the ATM terminal. According to numerous reports, hackers used some type of host-simulating device to send altered transaction reply messages that effectively turned transaction denials into approvals – tricking the ATM into dispensing cash. The perpetrators were able to perform these fraudulent transactions by inserting a hacked wireless device in the top cabinet of the ATM to alter the transaction reply as it returned from the host.

When ATM operators use a wireless box for a faster connection, they may bypass the ATM’s built-in SSL encryption, leaving the terminal vulnerable. “To combat these hacks, we worked with the Wireless ATM Store to update our software with new security features to sync the wireless device to the ATM, preventing criminals from switching boxes to perform unauthorized transactions,” says Senior Vice President of Sales of Genmega Wes Dunn. “Although this is not a permanent solution, it is a roadblock and, obviously, that’s a good thing.”

“The new software features will require the master password to install, replace or alter the wireless communication device,” Tibberino says. “We’ve successfully tested the solution and are proud to announce the updated software will fortify all ATM wireless devices running on IP only terminals, not just those sold by the Wireless ATM Store.”

“Moving forward we expect to work with the other ATM manufacturers to ensure all ATMs are protected from this type of attack,” Tibberino adds.

0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn
Tags: ATMATM security

    Get the Latest News and Insights Delivered Daily

    Subscribe to the PaymentsJournal Newsletter for exclusive insight and data from Javelin Strategy & Research analysts and industry professionals.

    Must Reads

    fraud as a service

    Keeping Up with the Most Dangerous Fraud Trends of 2026

    December 8, 2025
    open banking

    Open Banking Has Begun to Intrude on Banks’ Customer Relationships

    December 5, 2025
    conversational payments

    Conversational Payments: The Next Big Shift in Financial Services  

    December 4, 2025
    embedded finance

    Inside the Embedded Finance Shift Transforming SMB Software

    December 3, 2025
    metal cards

    Metal Card Magnitude: How a Premium Touch Can Enthrall High-Value Customers

    December 2, 2025
    digital gift cards

    How Nonprofits Can Leverage Digital Gift Cards to Help Those in Need

    December 1, 2025
    stored-value prepaid

    How Stored-Value Accounts Are the Next Iteration of Prepaid Payments

    November 26, 2025
    google crypto wallet, crypto regulation

    Crypto Heads Into 2026 Awaiting Its ‘Rocketship Point’

    November 25, 2025

    Linkedin-in X-twitter
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Commercial
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Digital Banking
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter
    • About Us
    • Advertise With Us
    • Sign Up for Our Newsletter

    ©2024 PaymentsJournal.com |  Terms of Use | Privacy Policy

    • Commercial Payments
    • Credit
    • Debit
    • Digital Assets & Crypto
    • Emerging Payments
    • Fraud & Security
    • Merchant
    • Prepaid
    No Result
    View All Result