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

    privacy open banking

    As Open Banking Fuels Interconnectivity, Privacy Matters More

    April 8, 2026

    ACH Is Thriving, and Banks Are Struggling to Keep Pace

    April 7, 2026
    stablecoins, Klarna

    How Stablecoins Emerged as a Key Element of Cross-Border Payments

    April 6, 2026
    Cross-Border Payments

    How the U.S. Built Its Faster Payments Ecosystem

    April 3, 2026
    Young Latin woman applying powder on her face for beauty blog. Smiling woman sitting at table in cosy room holding powder box and brush looking at phone camera recording video. Make up and cosmetics blogging concept

    TikTok Aspires to Fintech Status with Payments, Credit Bids in Brazil

    April 2, 2026
    small business credit card

    What Banks Get Wrong About Small Business Credit Cards

    April 1, 2026
    embedded payments

    Embedding Payments for Growth: How ISVs Can Scale Through Vertical Focus and Partnerships

    March 31, 2026
    ACH fraud monitoring

    From a Checkbox to a Differentiator: Redefining ACH Fraud Monitoring

    March 30, 2026

    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

    ©2026 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