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European ATM skimming jumps 43%
May 7, 2008
ePaynews: In 2007, ATM-fraud losses rose by 43 percent in Europe to €439.01 million (U.S. $675 million) from €306.48 million (U.S. $471.29 million) in 2006, reports the European ATM Security Team. Most of the losses in 2006 and 2007 were due to card-skimming at ATMs, the non-profit organization says. The year-on-year increase in fraud losses was related to a €173.6 million (U.S. $267 million) increase in cross-border losses in 2007.
North AmericaCentral and Eastern EuropeDebit / CreditTrends / StatisticsTransaction ProcessingRetail / Off-PremisesBank SecurityEMVRegulation / LegislationBank / Credit UnionSecurity
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SecurityPresented ByDiebold Nixdorf
Presented ByDiebold Nixdorf
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