Europol takes action against Shylock banking malware

July 10, 2014

The seizure of servers and domains used by the account-emptying Trojan left it substantially disabled, but not quite dead: It still poses a threat to customers…

Payment security data breach trends to receive scrutiny at September summit

July 9, 2014

Massive data breaches have raised questions about how to better protect consumers' personal and payment data. This will be the focus of a general session at…

Diebold, Wincor partner to launch global ATM security association

July 8, 2014

The association will share information to aid in the rapid implementation of countermeasures to ATM security threats. Membership is open to institutional…

EAST reports first 'jackpotting' incidents in latest ATM fraud update

July 8, 2014

Four countries reported ATM malware incidents related to cash-out or 'jackpotting' — an alarming fraud variant that's new to Western Europe.

Study: Card fraud victimizes one in four consumers worldwide

July 8, 2014

According to a fraud study of more than 6,100 consumers across 20 countries, one in four consumers has been the victim of card fraud within the last five…

Banks in Brazil, Russia, Italy are those most often attacked by malware

July 8, 2014

For the reporting period of April 19 to May 19, financial institutions in Brazil, Russia and Italy claimed the dubious honor or being most often attacked by…

First Data betting on PayLucky Solutions

July 7, 2014

Payment technology and services provider First Data has introduced PayLucky Solutions for legalized online and offline gambling and gaming. The offering…

The Walmartization of EMV

by atm Atom — blogger, atmatom

America's largest retailer will bulldoze the remaining barriers to EMV adoption, which might have ramifications at the ATM.

Registration now open for ATM Security 2014

July 3, 2014

The ATM Industry Association has announced that ATM Security 2014 registration is now open with special rates available for early bird reservations. The…

Study: 61 percent of data theft victims subsequently experience fraud

July 1, 2014

The great majority of fraud victims said current data protection requirements are "insufficient" and that government should be doing more.

AT&T piloting location authentication for bankcard transactions

June 27, 2014

AT&T plans to pilot a new service that it says will arm companies with the ability to confirm the location of participating customers who opt in to…

5 criteria for effective case management

As fraudulent activity rises, so does the need for systems that can identify, isolate and interrupt it.

'Luuuk' bank fraud nets $680K in one week via ATM cash-out

June 25, 2014

As EMV makes card skimming less profitable in Europe, criminals are finding new ways to access accounts. But they're still cashing out their stolen proceeds at…

Diebold to acquire EPP expertise with purchase of Cryptera

June 25, 2014

Diebold Inc. today announced an agreement to acquire Copenhagen, Denmark-based Cryptera A/S, specialists in secure payment technology — particularly encrypting…

New cybersecurity Web page links FIs to risk-management resources

June 24, 2014

A new FFIEC Web page will serve as a central repository for materials on cybersecurity, as well as links to statements, webinars and other useful security…

Online course aims to eradicate employees' unsafe computing habits

June 23, 2014

The PCI Security Standards Council has teamed with Security Essentials to create a program designed to help businesses establish a culture of security.

Indian ATM security provider acquires $5M from Silicon Valley VC fund

June 13, 2014

Securens Systems Pvt. Ltd., a 3-year-old ATM e-surveillance firm based in Mumbai, has announced a capital infusion of more than 30 crore rupees (about $…

Company combats ATM gas attacks with GP-X security solution

June 13, 2014

Last week at European ATMs 2014, the U.K.'s Safe & Vault Co. unveiled its answer to the growing threat.

Indian ingenuity increases ATM user convenience, safety

June 12, 2014

Thanks to innovative thinking by an Indian startup company, would-be ATM thieves could find themselves imprisoned — while still at the ATM.

It’s not just FIs — vendors must respond to tightened regulations, too

June 12, 2014

Besides dampening innovation and driving up costs, increased banking regulation can result in a shrinking pool of qualified vendor partners.