It's November — peak season for card fraud

Criminals Christmas-shop, too. Data analysts at Feedzai say last November was big for fraud, but this November will be bigger yet.

FEATURES


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.

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.

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.

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...

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NEWS


Card data theft the No. 1 worry among Americans, Gallup poll says

Gallup found that 69 percent of Americans worry about having card information stolen in a retail data breach — and suggested that this fear could increase reliance on cash.

US banks hit with EMV fraud (yes, EMV fraud)

Fraudsters are devoting their energies to exploiting holes in the smart chip transaction process. And it seems that they have found a few.

Staples investigating possible data breach

Has POS malware become an 'easy button' for payment card data theft and counterfeiting?

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.

Home Depot breach reportedly generating card fraud

Banks aren't confirming it and Home Depot insists that no PIN data was taken, but sources say bank accounts have been compromised.

PCI SSC issues bulletin on 'Backoff' malware threat

Though Backoff is known only to have infected POS systems, the program logs PINs from debit card transactions that can be paired with track data for use at ATMs.

UAE banks block debit cards in response to ATM compromise

After banks in the region experienced multimillion-dollar losses in a $45 million global bank heist that came to light last year, the UAE Central Bank is taking no chances.

Any idiot with a 3D printer can make a fake front for an ATM skimmer

However Hamid P, whom the police arrested this week in France for running a skimming operation, was no run-of-the-mill idiot.

What can 'Brown' do for data theft victims?

The UPS Store has notified customers of a potential data compromise occurring at 51 franchised locations between Jan. 20 and Aug. 11.

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.

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.

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