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Gang Hacked ATMs Using Smart Plugs and Mobile Apps, Stealing Lakhs

IN1 hr ago

Ghaziabad police have busted an interstate cyber gang that hacked cash deposit machines and ATMs using smart plugs to steal money. Four suspects have been arrested, and police recovered ₹4 lakh, a Scorpio SUV, a Cento car, and the equipment used in the crimes. The gang operated across multiple states using this method. The sophisticated technique involved manipulating the machines remotely, allowing the criminals to abscond with significant amounts of cash. This incident highlights a new vulnerability in financial technology and the evolving tactics of cybercriminals. Authorities are investigating the full extent of the gang's operations and potential accomplices. Further investigations are underway to identify all victims and recover stolen funds. The police are also working to understand how the smart plug technology was exploited. This case underscores the need for enhanced security measures in ATMs and cash deposit machines nationwide.

AI Analysis

This incident reveals a novel exploitation of seemingly innocuous smart plug technology, demonstrating how interconnected devices can introduce unforeseen security vulnerabilities into critical financial infrastructure. The gang's method bypasses traditional ATM security by targeting the machine's power or network interface through a smart plug, controlled remotely via a mobile app. This highlights a systemic risk where the convergence of IoT devices and legacy systems creates new attack vectors. Future security protocols must consider not only the internal workings of ATMs but also their external connectivity and power management systems. The rapid adaptation of criminal elements to technological advancements necessitates a proactive, layered security approach from financial institutions, focusing on real-time monitoring, anomaly detection, and rapid patching of newly discovered vulnerabilities to stay ahead of evolving threats.

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Compiled by NewsGPT from AajTak (HI). Read the original for full details.