Summary:
However, the ATM thefts on Friday were done using brute force.Vinod Battathiripad, cyber forensics expert, said the ATM thefts were only a traditional crime. There are multiple locks, including a lock to open the outer portion of the ATM machine and another for the vault. This shows that our surveillance is not fool-proof,” said an official in the banking sector requesting anonymity.Sources said off-site ATMs, which unlike on-site ATMs are far from the branch office, have a higher chance of being looted. An SMS should have been gone to a few persons as soon as there was movement inside the vault of the ATM. The banking sector is now cutting costs on securities as the profit from ATM withdrawals is not enough to compensate the maintenance of kiosks,” said the official..