The ATM Industry Association has released a position paper that calls tougher sentences for ATM-skimming attacks.
In the paper, ATMIA supports worldwide legislation that makes the possession, distribution or use of illegal skimming devices a serious offence.
Mike Lee, ATMIA's chief executive, says skimming remains the industry's No. 1 global security concern:
Skimming is probably the most widespread crime type we face. Nevertheless, this threat should not be exaggerated. ATMs continue to be excellent, safe self-service banking devices to use.
ATMIA defines skimming as the unauthorized capture of magnetic-stripe information by modifying the hardware or software of a payment device, or through the use of a separate card reader. Skimming is often accompanied by the capture of customer PIN data.
In August, ATMIA published best practices for the prevention of skimming.
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