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Unrest puts the region at risk of ATM ‘jackpotting'
Khaleej Times
|March 19, 2026
The ongoing conflict in the Middle East is not only upsetting the global oil supply but also threatening the region's automated teller machine (ATM) network, industry experts warned, noting: “From emergency banking measures to organised cyber-physical crimes targeting cash machines, banks could lose millions of dollars to ATM jackpotting.”
ATM jackpotting is hacking a cash machine, physically and digitally, into dispensing large amounts of cash - like a slot machine spitting money after hitting the jackpot.
“ATM jackpotting is hacking a cash machine, physically and digitally, into dispensing large amounts of cash — like a slot machine ‘spitting out’ money after hitting the jackpot,” cybersecurity expert Rayad Kamal Ayub explained to Khaleej Times.
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