In 2020, the value of damages caused by ATM-related malware and hacking attacks was 1.24 million Euros, compared with 1.09 million in the previpus year. Malware and hacking incidents are based on ever evolving cybercriminal techniques, designed to rob customers of their savings either through card or PIN skimming methods (lower-level) or without having to compromise their debit cards, designed to attack the ATMs directly (higher-level). In some of the more sophisticated hack attacks, the access to back-end of ATM machines is used, in order to compromise their security.
Value of damages caused by ATM-related malware and hacking attacks reported in European countries from 2014 to 2020
(in million euros)
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European ATM Security Team. (February 9, 2022). Value of damages caused by ATM-related malware and hacking attacks reported in European countries from 2014 to 2020 (in million euros) [Graph]. In Statista. Retrieved November 16, 2024, from https://www.statista.com/statistics/707965/damage-of-attacks-atm-hacking-malware-europe/
European ATM Security Team. "Value of damages caused by ATM-related malware and hacking attacks reported in European countries from 2014 to 2020 (in million euros)." Chart. February 9, 2022. Statista. Accessed November 16, 2024. https://www.statista.com/statistics/707965/damage-of-attacks-atm-hacking-malware-europe/
European ATM Security Team. (2022). Value of damages caused by ATM-related malware and hacking attacks reported in European countries from 2014 to 2020 (in million euros). Statista. Statista Inc.. Accessed: November 16, 2024. https://www.statista.com/statistics/707965/damage-of-attacks-atm-hacking-malware-europe/
European ATM Security Team. "Value of Damages Caused by Atm-related Malware and Hacking Attacks Reported in European Countries from 2014 to 2020 (in Million Euros)." Statista, Statista Inc., 9 Feb 2022, https://www.statista.com/statistics/707965/damage-of-attacks-atm-hacking-malware-europe/
European ATM Security Team, Value of damages caused by ATM-related malware and hacking attacks reported in European countries from 2014 to 2020 (in million euros) Statista, https://www.statista.com/statistics/707965/damage-of-attacks-atm-hacking-malware-europe/ (last visited November 16, 2024)
Value of damages caused by ATM-related malware and hacking attacks reported in European countries from 2014 to 2020 (in million euros) [Graph], European ATM Security Team, February 9, 2022. [Online]. Available: https://www.statista.com/statistics/707965/damage-of-attacks-atm-hacking-malware-europe/