• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
FinanceBanks

ATM bombings have soared to a record high in Germany

By
Petra Sorge
Petra Sorge
and
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Petra Sorge
Petra Sorge
and
Bloomberg
Bloomberg
Down Arrow Button Icon
July 20, 2024, 11:20 AM ET
Cash machine blown up
An ATM that was blown up in Baden-Württemberg, Germany, in May.Fabian Koss—picture alliance via Getty Images

Germany is preparing to crack down after a sharp increase in cash-machine bombings by criminal gangs in recent years.

Recommended Video

The number of ATM burglaries involving explosives increased by 26.5% in 2022 over 2021, the most recent figures available, according to a joint statement by the interior and justice ministries published on Saturday. That’s the highest since surveys began in 2005, and it’s caused damage to businesses in a three-digit-million euro range.

The government has floated a draft law to punish such crimes with at least two years of prison instead of at least one year. If the health of uninvolved persons is affected, the sentence may be increased to between five years and 15 years, up from at least two years presently. 

“Anyone who blows up ATMs risks the lives of uninvolved people,” said German Interior Minister Nancy Faeser. “We are dealing here with unscrupulous criminal groups and highly dangerous explosives.”

The move to stiffen sentencing follows previous efforts to rein in such attacks. Two years ago, the government decided to lock self-service bank foyers at night. Police raids last year led to the arrests of people in the Netherlands and Belgium suspected to have blasted ATMs in at least three dozen locations in Germany in order to steal the contents. 

The government now also aims to give investigative authorities more power to use telecommunications data. Banks have previously been urged to further step up security measures, including video surveillance, reducing the cash held at the machines, and fogging and coloring of banknotes during explosions. 

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Authors
By Petra Sorge
See full bioRight Arrow Button Icon
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

Fed Governor Stephen Miran to resign after Kevin Warsh is sworn in
BankingKevin Warsh
Fed Governor Stephen Miran to resign after Kevin Warsh is sworn in
By Bloomberg and Enda CurranMay 14, 2026
4 hours ago
Peter Thiel, wearing a white shirt and in front of a red background, holds up a dollar bill.
EnergyData centers
Peter Thiel is leading investment in an ocean data center powered by waves—and the startup is reportedly worth $1 billion
By Sasha RogelbergMay 14, 2026
4 hours ago
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
LawDEI
PayPal reaches $30 million DOJ settlement over 2020 program for Black-owned businesses
By Kristen Parisi and HR BrewMay 14, 2026
4 hours ago
Bat deaths over the last two decades have cost American taxpayers in lost crops, higher taxes, and pricier bonds
Environmentfarming
Bat deaths over the last two decades have cost American taxpayers in lost crops, higher taxes, and pricier bonds
By The ConversationMay 14, 2026
5 hours ago
data center
EconomyData centers
Meta’s $10 billion Louisiana data center is getting $3.3 billion in tax breaks—more than seven years of the state’s entire police budget
By Jake AngeloMay 14, 2026
6 hours ago
Cerebras Systems ad on a billboard.
AIChips
Cerebras CEO says AI chip demand is ‘not speculative’ as shares double in blockbuster IPO debut
By Beatrice Nolan and Sharon GoldmanMay 14, 2026
6 hours ago

Most Popular

Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
Success
Despite having a $165 million net worth, Scarlett Johansson says work-life balance doesn’t exist—and the first step to success is admitting that
By Preston ForeMay 13, 2026
1 day ago
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
Politics
The Bezos family just donated $100 million to help achieve one of Mayor Zohran Mamdani’s top campaign promises
By Jake AngeloMay 12, 2026
2 days ago
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
Travel & Leisure
Nearly 50,000 Lake Tahoe residents have to find a new power source after their energy source looks to redirect lines to data centers
By Catherina GioinoMay 12, 2026
2 days ago
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
Energy
The airplane fuel shortage is a myth propagated by airlines who want to cancel unprofitable flights, says private jet CEO
By Jim EdwardsMay 14, 2026
17 hours ago
Steve Jobs had a 'beer test' he used for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
Success
Steve Jobs had a 'beer test' he used for interviews at Apple—if he didn’t want to drink with you, you didn’t get the job
By Orianna Rosa RoyleMay 14, 2026
17 hours ago
It’s not just Canadian tourists snubbing U.S. cities. Business leaders are cancelling more trips to America as geopolitical tensions continue
North America
It’s not just Canadian tourists snubbing U.S. cities. Business leaders are cancelling more trips to America as geopolitical tensions continue
By Sasha RogelbergMay 12, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.