Bank ATMs have always been a valuable target for criminals. In most cases, they would use malware to steal card information and defraud users. However, it looks like a more dangerous trend is taking place over in Europe right now. The number of cash machines being blown up with explosives has increased by 80% in the first half of 2016. A very worrisome trend, to say the least.
One of the more obvious questions is why criminals would decide to blow up cash machines in the first place. With nearly 500 machines becoming subject to these violent attacks in the first half of 2016, it is hard to deny this new trend. For some reason, Europe seems to be the main base of operations for this type of activity.
Bank ATMs Get Blown Up Over In Europe
To blow up a bank ATM, one needs a particular set of skills and tools. In most of the attacks, criminal masterminds used gas, which is far less dangerous to handle. However, nearly four in ten attacks used solid explosives. It is not unlikely the tools required were purchased from the darknet, albeit that not been officially confirmed just yet.