TMD tackles card-trapping fraud in Europe

November 4, 2013

Though ATM card skimming still represents 98 percent of all cash losses associated with card fraud, card trapping has recently re-emerged in Europe — and the…

5 Ways Your Identity is Stolen

by Robert Siciliano — speaker, IDTheftSecurity.com

Chances are good that in the coming year, you will be asked to provide your or a family member's Social Security number at least a few times. And because of…

Researchers mathematically prove security of next gen EMV chip

November 4, 2013

Current chip technology used at the ATM and POS was developed almost 20 years ago — a fact that has given some deployers pause as they consider implementing…

Mobile wallets address two pain points for ATM operators

by Kevin Christensen — Vice President, Audit, SHAZAM

It's no secret that ATM transactions have been waning for several years. As as result, today's operators are challenged to find more ways to: a) increase the…

Low-tech fraud, explosive attacks on the rise for Europe's ATMs

October 29, 2013

EAST has published its European ATM crime report covering the period from January to June of 2013. The report shows that while the incidence of card skimming…

Mexican ATM malware could be US-bound

October 28, 2013

An Oct. 25 post to the official Symantec blog said the security company has verified a new strain of the Ploutus malware that was recently used to attack ATMs…

S&G A-Series ATM access management system gets an upgrade

October 24, 2013

Stanley Security, a provider of access control and integrated security solutions, has announced updates to the Sargent & Greenleaf A-Series ATM access…

ATMIA announces translations of best practices for preventing ATM gas, explosive attacks

October 24, 2013

The ATM Industry Association has published translations of "Best Practices for Preventing ATM Gas & Explosive Attacks" in French, German, Spanish and…

The lifecycle of a fraud

Fraud such as counterfeit card use at ATMs will certainly drop with EMV, but as UK stats show, it can still rise again.

3 upcoming upgrades that could increase FIs' costs

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

In today's self-service culture, ATMs and mobile banking have become key aspects of customer satisfaction and retention. However, the fast pace of…

Russia busts counterfeiters who exploited ATM auto-deposit

October 17, 2013

Authorities in Russia have rounded up a gang of seven counterfeiters whose exploits were so effective that some banks stopped accepting 5,000 ruble banknotes …

Panellists put a finger on the solution to card fraud

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The way to stop ATM skimming and card fraud is to make it a crime that doesn't pay, a panel of security experts says.

Debit card reissuing part I: To reissue or not to reissue?

by Kevin Christensen — Vice President, Audit, SHAZAM

The longer a card is present in the marketplace, the more likely it is to become compromised. Research indicates that the least amount of fraud losses occurs…

Debit card reissuing part II: 4 tips for safe debit card reissue

by Kevin Christensen — Vice President, Audit, SHAZAM

In a previous post, I shared tips for deciding whether to reissue a compromised or stolen debit card. When the decision is to reissue, there are a few things…

ATM updates, upgrades and unbudgeted expense

by atm Atom — blogger, atmatom

No industry has been hit by change over the past few years quite like the ATM industry. The emergence of 3DES, VISA-certified keypads, PCI-certified keypads…

How the mag stripe can actually prevent ATM fraud

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Ironically, the same mag stripe that contains card data also holds the key to making that data useless to crooks.

How the mag stripe can actually prevent ATM fraud

At the ATM & Mobile Executive Summit in late September, Mimi Hart, CEO of MagTek Inc. (and a recent winner of the Most Influential Women in Payments award)…

EAST records drop in ATM card fraud, increase in explosive attacks

October 14, 2013

The European ATM Security Team has reported a 32 percent increase in ATM-related fraud attacks, despite a 9 percent fall in card skimming incidents. The…

SmartMetric promises rollout soon for fingerprint-activated payment card

October 11, 2013

SmartMetric Inc., a developer of fingerprint-activated payment and ID cards, is in "advanced stages" of preparation for the release of a fingerprint-activated…

Beware the 'evil twins' of Wi-Fi

by Robert Siciliano — speaker, IDTheftSecurity.com

For most travelers, finding a reliable Wi-Fi connection is usually a priority. While a mobile 3G/4G hotspot connection satisfies some, it doesn't compare to…