Oberthur to acquire powered display card provider NagraID

NagraID technology enables secure access to the cloud, primarily for companies engaged in providing financial payments, and authentication and identification solutions.

FEATURES


Fed study finds that ATM, debit might be safer than credit cards

In 2012, PIN debit card transactions - including both purchases and ATM cash withdrawals - had the lowest fraud rates among general-purpose cards by both number and value.

Data Breach Planning 101

A security system that’s impenetrable has yet to be invented. So don’t think in terms of “if” you’ll suffer a data breach, but rather, “when.”

Malware can hide in the most obvious places

In a New York Times online report, one security expert said that third-party leaks might account for 70 percent of data breaches - and from the least suspected vendors, at that.

The Diebold ActiveEdge card reader: A turn for the better?

Simply by rotating card orientation 90 degrees, Diebold aims to turn the ATM skimming underworld on its head.

The Diebold ActivEdge ATM card reader: A turn for the better?

Simply by rotating card orientation 90 degrees, Diebold aims to turn the ATM skimming underworld on its head.

Fed study fills in the numbers for ATM transaction volumes and values

A study by the US Federal Reserve indicates that Americans are making fewer trips to the ATM, but taking out (or depositing) more cash when they do stop by.

How will the ATM industry keep up with escalating fraud?

Execs from Wincor and Diebold explain how a global ATM security association will help make the response to criminal exploits faster and more efficient.

Governments worldwide continue scrutiny of virtual currencies

New York's proposed BitLicense regulatory framework is one of several current initiatives developing around the globe.

Card blocking, consumer alerts are keys to fraud prevention

Financial organizations are on high alert regarding payments fraud in the wake of recent high profile customer data breaches. Although overall payments fraud has decreased, attacks targeting debit and credit cards continue to rise. The majority of financial service companies...

Bankers on the frontlines of cyber defense

Today, firewalls, encryption, antivirus software and cloud providers are just as important to a bank’s security as armed guards, security cameras and steel vaults.

See More »

NEWS


Israeli tech firm to assist Chinese banks with ATM physical security

Primary and secondary sensors will alert FIs to a wide spectrum of physical threats ranging from shaking the machine to attempting to blow it up.

Kaspersky study finds consumers nonchalant about data security

When it comes to protecting their personal and financial information online, consumers just might be their own worst enemy.

German bank adds protection against ATM malware upload

Newly integrated software allows only authorized code to run on the ATM network, so ING-DiBa can prevent attacks, rather than simply responding to them.

Supervalu the latest brand to report data breach

The company doesn't specify that PIN numbers were stolen, but refers to 'other numerical information' in the announcement that its POS system was compromised.

Indictment of Russian for card data theft 'a serious warning to cybercriminals'

Among other crimes, Roman Valerevich Seleznev is charged with operating carding forums — websites where criminals gather to sell stolen credit card numbers.

Colombia's largest ATM network switches to remote key loading

The solution eliminates the time and expense of manual key-loading at the ATM with a two-person team.

Group forecasts issuance of 575 million chip cards in US by end of 2015

Estimates from nine major banks in the Payments Security Task Force indicate significant momentum behind the adoption of EMV-enabled chip cards in the US, Visa says.

New PCI SSC guide recommends measures for third-party security assurance

The PCI Security Standards Council guide can help organizations and their business partners better understand their respective roles in securing card data.

Gemalto buys data and software protection company

The security company has acquired US-based SafeNet, a provider of enterprise data protection and software rights management solutions, in an $890 million deal that will close in Q4.

Former FBI executive assistant director to deliver keynote at ATM & Mobile Innovation Summit

Shawn Henry, now the president of tech security firm CrowdStrike, will discuss the grim realities of today's hacking environment; his team of security experts will follow up with a live demonstration.

Research: 'Preparing for 2015: The Year of the Liability Shift'

A new Mercator research note explores factors influencing the willingness, motivation and speed of payments players in implementing EMV technology.

Check fraud solution detects suspicious activity using cross-channel analytics

Detection capabilities are based on the solution's integration with core systems, check processing systems, and even ATM image archives.

New program assists acquirers, ISOs with data incident management

Conformance Technologies' Data Incident Management Program assists with forensics, equipment replacement, legal fees, and legal and consumer notifications.

Target takes a Q2 hit of $148M in costs from data breach

The figure includes estimated probable losses for what the company believes to be 'the vast majority of actual and potential breach-related claims,' including claims by payment card networks.

Kaspersky report shows growing threat from hacking attacks on FIs

Growing interest in 'big money' is reflected in a sharp rise in the number of banking Trojans over the last year. Most of these ultimately involve an ATM cash-out.

See More »

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.