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ATM deployer vs. ATM fraudster: how to make sure you come out the winner
May 30 anti-skimming webinar will present a 10-point strategy for defeating determined and increasingly sophisticated criminals.
| They say it takes a thief to catch a thief — or in this case, to stop one. A Romanian criminal serving a 5-year prison sentence for supplying an organized crime gang with devices used in skimming has now invented a device to prevent skimming … | |
 | In the summer of 2009 Margo and I enjoyed a Baltic cruise. For me, the most interesting port of call was St. Petersburg, Russia. Long considered the "other Venice," the city's network of canals creates a similar setting. Even as the calm waters of … |
 | By Kevin Christensen As more details of the $45 million international ATM heist begin to surface, ATM operators and their financial institution partners are learning more about the importance of third-party vendor management practices and fraud … |
| Thieves made off with cash from five ATMs in the Australian capital of Canberra on Monday night after stealing a set of electronic ATM keys. But while five was bad enough, it could have been far worse. "The manfacturer of all the ATMs in Canberra is … | |
 | by Pat Carroll Once again we have been reminded of the vulnerability of financial institutions to credit card fraud. Last week we saw the news that a large gang of thieves (a number of whom have been arrested in New York) managed to steal an … |
| In order to force the country's commercial banks to modernize their currency handling equipment and procedures, the State Bank of Pakistan has announced that it will penalize any bank whose ATM dispenses a forged note. The bank will be fined Rs 10 … | |
| Automated e-payment testing solutions provider Paragon Application Systems has announced the publication of a free, downloadable white paper that discusses the anti-counterfeiting advantages of EMV. According to Paragon, the first and second lines … | |
| NCR Corp. has introduced a new, advanced anti-skimming technology — Skimming Protection Solution — that the company said will give financial institutions a proactive way to thwart skimming activity, receive notification of an attack in … | |
| As EMV-enabled ATMs continue to foil counterfeit card use in Europe, criminals there are adopting tactics that require far less finesse, according to the European ATM Security Team. EAST has reported that between 2011 and 2012, relatively low-tech … | |
| Commercial banks in Kenya will be expected to migrate from magnetic stripe to EMV smart chip for ATM, debit and credit cards by Sept. 30, 2013. Members of the Kenya Bankers Association agreed to the move in order to combat increasing fraud at the … | |
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Smart, Informed response required to combat skimming
In just twelve months, average cash losses from an ATM skimming incident in Europe have risen 20% to €36,000 (EAST), while in the USA the rise has been 66% over two years for an average loss of …Type: BrochureSponsored by: TMD Security GMBH
