Community FIs reissue 4M cards in the wake of data breaches

February 19, 2014

Following a spate of high profile card data thefts, America's community banks have so far reissued more than 4 million bank cards at a total cost of more than…

Authorities propose feeding ATM CCTV footage into police servers

February 19, 2014

Authorities in Bhubaneswar, a city in India's Odisha state, are proposing that banks integrate their CCTV feed with police servers in order to improve ATM…

It's 11:27; do you know what your ATM anti-skimming technology is doing?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

ACG solution takes monitoring online for anti-skimming devices.

Real-time service lets bank customers accept, reject debits

February 17, 2014

Customers of Los Alamos National Bank in New Mexico now have the option to receive a text message that alerts them when an electronic debit hits their…

RCMP says seized ATMs were money laundering stations

February 17, 2014

Police in the Canadian city of Winnipeg have seized a half-dozen white label ATMs they said were being used to launder money in a high-level trafficking…

Why multifactor authentication trumps knowledge-based authentication

by Robert Siciliano — speaker, IDTheftSecurity.com

First, what is knowledge-based authentication? KBA is an authentication method that asks the user to respond to at least one question whose correct answer only…

Ukraine hit by cyberattack using newest ATM trojan

February 14, 2014

ATMs located in public areas and belonging to one of the largest Ukrainian banks were simultaneously attacked in all regions of the country last weekend by…

MagTek offers free queries to fraud prevention database

February 13, 2014

MagTek, a Seal Beach, California-based provider of secure payment technology, announced this week it will provide merchants with free access to its card…

Gas pump skimming and ATMs

by atm Atom — blogger, atmatom

This month, the Manhattan District Attorney indicted four lead defendants on charges of skimming gas pumps to steal customer bank data, which was used steal…

Spanish gang connected to string of ATM explosions

February 7, 2014

ATM explosions — most of them fails — are frequent newsmakers. But a spate of attacks along Spain's Costa del Sol stands out for its record of success.

The games fraudsters play - and how to beat them at the ATM

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Security expert offers a checklist of 20 items to consider when planning an anti-skimming project across an ATM fleet. 

Report: Most companies that accept cards fail PCI standards

February 6, 2014

A new Verizon report has found that too many businesses, following their annual assessment for meeting the Payment Card Industry Data Security Standard , fail…

IT guys get suckered in social media exploit

by Robert Siciliano — speaker, IDTheftSecurity.com

The defenses of a U.S. government agency were defeated by an experimental scam created by security experts. What's especially scary is how easily it was…

Smash-and-Grab Raids a Growing Problem for ATM Operators

An increase in smash-and-grab attacks is an anticipated byproduct of new technology. Find out whether you're vulnerable and what preventative measures you can…

Target puts EMV migration on fast forward

February 5, 2014

This week, Target Corp. called for all stakeholders to take up the "shared responsibility" of payments security as it announced an accelerated timeline for its…

Department of Homeland Security taps FIS for cybersecurity research

February 4, 2014

Banking and payments technology provider FIS has reached an agreement with the Department of Homeland Security under which the company will serve as a…

Senate hearings on data breach hint at a long road to remedy

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

But first, the 'blame storm.'

A bigger issue than payment security

"It's not true that security is paramount," says George Wallner, CTO of Loop. (From the ATM & Mobile Executive Summit.)

Card data from Target breach used in counterfeit card spending spree

January 30, 2014

A Mexican man and woman arrested early this week on charges of credit- and debit-card fraud were carrying 100 counterfeit cards striped with data stolen in the…

Polymer banknotes: On one side

There are some things for ATM operators to like about polymer banknotes, such as durability and anti-counterfeit security.