Forty-nine years ago, if you needed cash you had to head to your bank and request it from the clerk at the counter. But on the 27th of June 1967, all that changed. On that day Londoners had their first opportunity to withdraw funds from their accounts via a new specialized cash machine, which later became known as an automated teller machine, or ATM for short.
Unfortunately, cracking ATM security is sometimes less difficult than it should be. A large chunk of ATMs still run outdated or unpatched software such as Windows XP or Windows XP Embedded (in 2014 this still represented 95% of all machines worldwide), both of which are beyond the end of their lives.
Ondrej Kubovič asks how safe are our cash machines today? Plus, what can you do to keep your cash secure?
