A new threat known as WinPot malware is using a slot machine-like interface to empty ATMs at targeted financial institutions.
Banks are already privy to the threat of physical breaches, but many remain unaware of the ATM network security gaps that could enable fraudsters to access their systems.
Effective ATM network protection requires a combination of basic and advanced approaches and a strong SIEM solution to monitor anomalous activity.
Windows XP, which hasn't been updated since 2014 and contains many well-known vulnerabilities, is the most common ATM operating system in India.
A piece of malicious software called Tyupkin has allowed criminals to dispense millions of dollars in cash from ATMs in Europe, Latin America and Asia.