IoT crisis: Russian ATM machine automatically spit after being attacked by the program

With the rapid advancement of Internet of Things (IoT) technology, the security of connected devices has become a growing concern. Recently, a Russian bank reported that malicious software was discovered in ATM machines, allowing them to dispense cash automatically after entering a specific code. This attack is particularly alarming because it involves a non-physical virus known as "Bespalova," which first emerged in Russia. Unlike traditional malware, "Bespalova" does not exist as a physical file, making it invisible to standard antivirus programs. As a result, it can remain undetected in infected ATMs for extended periods, posing a serious threat to financial systems. This incident highlights the vulnerabilities of IoT-enabled devices, especially those that are critical to daily operations. This is not the first time ATMs have been targeted. According to Reuters, a Russian cybersecurity firm named Group-IB uncovered that ATMs from major European banks—spanning countries like the Netherlands, Poland, and Spain—were also hacked. These attacks demonstrate how widespread the problem has become. In addition, news outlets such as Xinhua have reported similar incidents in regions like Taiwan and Bangkok, Thailand. In one case, an ATM in Taiwan was compromised and lost $2.5 million (approximately 17.22 million yuan), while another in Thailand suffered a theft of 12 million baht (around 2.33 million yuan). These examples underline the global nature of IoT-related threats. As the third wave of the information industry, the Internet of Things is rapidly connecting people and objects through technologies like intelligent sensing, recognition, and communication. Gartner estimates that by 2020, there will be 26 billion connected devices worldwide, with the IoT market reaching $1.9 trillion. However, the more interconnected our world becomes, the greater the risks to privacy and security. Beyond ATM attacks, hackers now have the ability to control network servers and personal devices, affecting everyone. In 2016, a massive DDoS attack was launched using an IoT botnet, disrupting access to major websites like Twitter, Netflix, and CNN. The U.S. Department of Homeland Security took notice, highlighting the dangers of unsecured IoT devices. Hackers can also exploit smart home appliances, mobile phones, and even autonomous vehicles. For instance, Verizon revealed that a university in the U.S. was hit by a DDoS attack traced back to over 5,000 connected devices, including network lights and vending machines. This shows that no device is completely safe if it's part of the IoT ecosystem. At the 2017 security conference, Hitcon Girls co-founders Lai Yufang and Shen Qien emphasized the urgency of addressing IoT security. They warned that these devices may expose more personal data than computers, and a breach could lead to severe consequences. Everyone, whether a manufacturer or user, must take responsibility for reducing security risks. Zheng Jie, chairman of China Mobile Zhejiang Corporation, also stressed the importance of building a robust IoT security framework during this year’s two sessions. He pointed out that while China’s IoT industry is expanding rapidly, its security situation remains concerning. A single security breach could lead to data leaks, financial losses, and even threaten national security. As IoT continues to evolve, it’s clear that securing these devices is no longer optional—it’s essential for protecting individuals, businesses, and nations alike.

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