News

NCR rolls out 'proactive' new skimming technology

April 25, 2013

NCR Corp. has introduced a new, advanced anti-skimming technology — Skimming Protection Solution — that the company said will give financial institutions a proactive way to thwart skimming activity, receive notification of an attack in real time and quickly adapt to new and increasingly sophisticated attacks.

The software behind SPS drives a random, multiple-jamming hardware module that blocks the capture of card data with "listening" devices. The new technology also inhibits surreptitious alteration or removal of the original ATM bezel and helps in the prompt detection of fraudulent devices.

SPS constantly reports on the health of the ATM, as well. The software enables real-time reporting to law enforcement and the FI of any attempt to tamper with or disable the jamming signal. And importantly, the solution's modular platform lets financial institutions quickly adapt their security measures to address new threats without taking the ATM out of service. 

"There were approximately 20,000 skimming incidents in the United States last year," said Andy Heyman, senior vice president of NCR financial services. "The average cost per incident approached $50,000 and skimming costs across a U.S. bank's entire ATM network [are] equivalent to about $2,500 per ATM each year ... Our goal with SPS is to reduce these hard costs to financial institutions while helping them fulfill a major part of their brand promise around confidence and security." 

SPS will be immediately available for motorized card acceptance in all NCR global markets, and soon will be available for DIP machines. The solution can be purchased with all new SelfServ ATM orders, and as a retrofit option for existing SelfServ units.

Read more about security.