The cops watched as the car drove back and forth in front of the bank. When one of the men exited the car and began to approach the bank, the agents went to work, arresting the would-be bank robber just as the machine began spewing out cash.
ATM jackpotting is both riskier and complicated than card-skimming. Scammers have to physically breaking into the machine itself; install malware that tells the ATM to release all of its cash. The process takes longer than installing a card skimmer, more time in front of the ATM’s security cameras and triggering an alarm in the bank’s control center. But as chip-and-PIN becomes the standard in the U.S., would-be ATM thieves are running out of other options.