News

New technology prevents card skimming and trapping at the ATM

November 17, 2004

LAS VEGAS - NCR Corp. (NYSE: NCR) has introduced the Fraudulent Device Inhibitor, its latest, patented fraud-prevention countermeasure for ATMs, according to a news release. The device was showcased during the BAI Retail Delivery Conference & Expo in Las Vegas.

The new fraud protection measure is part of NCR's holistic approach to ATM security, adding that ATM fraud is a huge concern, especially in the United Kingdom, where it grew 85 percent last year. Industry experts believe that increase was driven by the move to attack the cards in circulation before new chip and PIN mandates take place throughout Europe.

NCR developed the FDI in response to criminal attempts to skim card details by attaching devices to ATMs that can then be used to read information on magnetic-stripes. In addition to card skimming, the FDI defends against card swapping, which occurs when card-trapping devices are installed on ATMs to hold the cards in machines.