Webinar

Webinar: 10 Essential Facts to Combat ATM Skimming!

May 30, 2013

This webinar answers key questions in a three-part discussion:

• Crime insight: what are stereo, analogue and digital skimming?
• Case study: why is skimming still 92 percent of all ATM crime losses?
• Anti-skimming checklist: what are the essentials for effective protection?

In the U.S., losses from a typical ATM skimming incident have risen 66 percent to $50,000 over the past 24 months. In Europe, losses have risen 20 percent to $47,189 over the past 12 months.  The impact to brand reputation and cardholder loyalty can be even more costly.

So, what’s going wrong? The problem is that criminals continue to invent new skimming techniques and hunt out the next weakest link. Cross-border fraud is increasing: card data skimmed in EMV markets such as Europe is used to commit fraud in non-EMV markets such as the U.S. and Asia.

The ATM industry needs an informed and effective response to combat skimming.