Half of US POS terminals will be chip-enabled by end of 2015

Massive data breaches in the past year seem to have prodded retailers to take action to curb their potential exposure to losses from fraud.

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Obama executive order calls for 'BuySecure' initiative

An executive order from the president directs the government to lead the way in securing financial transactions and sensitive data — and in pushing toward nationwide adoption of EMV.

Jackpotting makes its way to Western Europe's ATMs

Though malware attacks constitute a minority of ATM crimes in Europe, the stealth, speed, criminal finesse — and cash — involved make them particularly worrisome to deployers.

Can the ATM industry stop Tyupkin in its tracks?

ATM Marketplace checked in with security experts around the industry to learn how operators can protect themselves from the latest 'jackpotting' scheme, Tyupkin malware.

Call centers a popular target for fraudsters

One expert says that if contact phone channels were monitored, this could predict criminal behavior two weeks prior to actual attacks.

Targeted cyberattacks: Lessons learned from a former FBI guy

"You don’t have a malware problem; you have an enemy problem," says Crowdstrike president and former FBI executive assistant director Shawn Henry. He explains further in a video interview.

How to cut the cost of inefficient cash handling

If you deal with cash on a regular basis, how can you protect it against poor cash-handling practices? Are there ways to make sure everything adds up?

Not all hackers wear black hats

The news is full of stories about hackers stealing data from retailers, businesses and the government. But they shouldn't all be tarred with the same brush.

6 ATM anti-fraud steps for small FIs

As big banks lock down their systems, small FIs could increasingly fall victim to ATM fraud. Here are effective actions you can take to make sure yours doesn't.

ATM Skimming - Modern-Day Bank Robbery [infographic]

What ATM end users need to know about card skimming and their role in preventing it.

The Fraudulent Four: The world's worst payment frauds and security failures

The payments industry never stops looking for new techniques and safeguards to stop thieves and fraudsters. Even so, we constantly hear about their exploits worldwide.

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NEWS


MasterCard, Zwipe team up to roll out first-ever biometric contactless payment card

Biometric authentication replaces PIN entry, enabling cardholders to make contactless payments in any amount, unlike current NFC-enabled payment solutions.

Nearly 40 percent of US mobile banking users worry about identity theft

Not surprisingly, older users of mobile banking apps are more fearful than younger users about having their mobile banking data hacked.

US gov't to introduce EMV for EBT cards

Following on high-profile data breaches originating at POS terminals, the Obama Administration is reportedly taking measures to ensure the security of electronic benefits payments data.

Diebold aims for greater security, customer convenience with new 5500 ATM series

The company says its new ATM line supports financial institutions' need to drive efficiencies, manage risks and reduce costs.

European PCI community confab addresses future of payments security

The conference focused on providing a greater understanding of PCI standards, solutions and services and their application in today's business environment.

New York issues emergency rule on ATM safety compliance reporting

The emergency rule precedes planned amendments that will require semiannual reporting of security compliance at institutions' ATM facilities.

New card from Oberthur changes up CVC... literally

Oberthur Technologies says that it has developed a solution to card-not-present fraud — a payment card that generates a dynamic card verification code.

New best practices guide tackles ATM software security threats

The new ATMIA manual advises deployers on security governance; software operational policies; threats to ATM networks; payments security and more.

Study reveals FIs' top priorities for the ATM channel

A new study by Cummins Allison finds that 58 percent of financial institutions are approaching expansion or replacement of their ATM fleet with two goals firmly in mind.

Intellinx earns ISO certification for secure operations

Certification provides independent verification that overall operations adhere to the highest level of security management, the company says.

Lock down communications data like a cybersecurity guru

Kaspersky Lab recently shared their methods for safeguarding information-sharing channels. How do your practices stack up?

New info emerges in JPMorgan Chase data breach

To crack the accountholder database, hackers cross-referenced a list of programs running on the FI's computers with a record of their known vulnerabilities.

Authorities take out Bulgarian ATM skimming network

Officers found 3D printing equipment to produce fake plastic card slot bezels and confiscated dozens of forged payment cards with records of PIN numbers, ready to be used at ATMs.

'Until death do us part'? Possibly, where PINs are concerned

A new study has found that a British couple's four-digit ATM codes could be more durable than their wedding vows.

Kuala Lumpur cops suspect insiders in ATM hacking that nets nearly $1M

The ATMs were infected with Backdoor.Padpin malware, a Trojan introduced via the machine's CD-ROM drive.

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Theft, skimming and other types of ATM fraud and scams are a constant concern for ATM operators. This Research Center focuses on best practices in ATM security and fraud prevention.