Bulgarian Hacker Arrested for Installing ATM Malware Across Thailand Thai police have arrest

Bulgarian Hacker Arrested for Installing ATM Malware Across Thailand

Thai police have arrested 50-year-old Bulgarian national Ivan Valtsev for installing malware-laced cables in ATMs, rendering at least 13 machines inoperable. Disguised as a maintenance technician, he used a master key to replace data cables with ones containing the "Jackpot" virus, which allowed remote control of cash dispensers via internet signals. Authorities linked Valtsev to a broader international cybercrime ring and seized stolen equipment from a house in Nonthaburi. He faces multiple charges including cyber sabotage, data theft, and tampering with critical infrastructure. Police are searching for his accomplices as concerns grow over banking cybersecurity in Thailand.