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.
ATM Marketplace checked in with security experts around the industry to learn how operators can protect themselves from the latest 'jackpotting' scheme, Tyupkin malware.
One expert says that if contact phone channels were monitored, this could predict criminal behavior two weeks prior to actual attacks.
"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.
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.
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.
What ATM end users need to know about card skimming and their role in preventing it.
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.
Simply by rotating card orientation 90 degrees, Diebold aims to turn the ATM skimming underworld on its head.
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...