A man was arrested after failed attempts to rob a bank and ATM in Sheshadripuram and Halasuru Gate. The alarm system thwarted the theft, and police swiftly apprehended the suspect within 24 hours.
The FBI said 700 ATM “jackpotting” incidents occurred in 2025 alone and accounted for over $20 million in losses.
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The attacks cost banks more than $20 million last year, as criminals used many of the same tools and tactics they have wielded for more than a decade.
Jackpotting involves criminals using malware and physical tampering to force ATMs to dispense cash without accessing customer accounts.