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Diebold releases ATM card-skimming-detection tech
November 8, 2007
NORTH CANTON, Ohio - Diebold Inc. announced today it has engineering advanced skimming-detection technology into its Opteva line of ATMs.
According to Celent LLC, card-skimming losses account for about $1.2 billion a year worldwide.
As part of Diebold's Secure Anti-Fraud Enhanced ATM, the new skimming detector features a detection algorithm that allows the sensor to discriminate between different types of skimmers, environmental factors and cardholder activity, ultimately reducing false alarms.
Ken Justice, Diebold's vice president of global self-service marketing and management, says the detector sends an alert, which financial institutions can either direct to the branch or to the ATM monitoring system.
"Financial institutions can then follow a flexible, customizable
action plan, which could take the form of a security inspection of the terminal, a police alert through a branch-alarm system or monitoring center, or an out-of-service terminal," he said. "It's only one layer of many to deter ATM-skimming attempts and numerous other frauds, ranging from dispenser frauds to PIN spying."
Diebold says the technology includes multiple defense mechanisms, including an anti-skimming bezel with deterrence protrusion, lead-through indicator lights and jitter technology.
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