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Barnaby Jack Ingeniously Hacks ATMs at Black Hat [VIDEO]

(July 29) -- "Jackpot!" That's the message that was displayed on the screen of an ATM as it spewed its entire reservoir of cash across the stage at the Caesars Palace Hotel and Casino in Las Vegas Wednesday after a hacker easily bypassed its security features. And indeed, for hackers and crackers and unscrupulous...

Background on cash machine

An automated teller machine or automatic teller machine (ATM), also known as an automated banking machine (ABM) in Canada, and a Cashpoint (which is a trademark of Lloyds TSB), cash machine or sometimes a hole in the wall in British English, is a computerized telecommunications device that provides the clients of a financial institution with access to financial transactions in a public space without the need for a cashier, human clerk or bank teller.

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