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Security News & Media

EMV migration and the FI brand: What could it mean for you?

by Rebecca Hellmann — Marketing and Sales Coordinator, Welch ATM

EMV chip technology is already common in the payments industry, used throughout Europe, Canada, Australia, Mexico, Latin America, Africa and most of the…

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MDT intros first TMR magnetic sensors for detecting magnetic properties on banknotes

September 5, 2013

Chinese vendor MultiDimension Technology Co. Ltd., a supplier of magnetic sensors featuring tunneling magnetoresistance technology, has announced the launch of…

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Think that site looks legit? Look again.

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

A new variant of Citadel Trojan malware has surfaced in the last few weeks, and it's targeting not only financial institutions, but also social networks and…

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Latest FIME auto test tool gets EMVCo OK

September 4, 2013

EMVCo has approved the latest version of the FIME automated EMV contactless analog test bench for EMV Contactless Specification Level 1. This particular EMVCo…

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The Anonymous ATM - have a nice day!

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

This week I needed to deposit a check, so I swung by my favorite bank and headed to the ATM. Unfortunately, in all the excitement of coming across a parking…

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The nerve of some ATM users ...

August 29, 2013

Imagine — you're a common criminal just going about your everyday thievery at an ATM, and what happens? Some woman has the brazen effrontery to punch you in…

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SIM swapping: The new ATM con game?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

For every ATM innovation, there's a criminal network looking to exploit it for ill-gotten gains.

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Study: FI customer trust hinges on protection from fraud

August 27, 2013

In its 2012 report, "Confidence in Banks," Gallup said consumer confidence in U.S. banks hit a record low of 21 percent last year. The percentage of Americans…

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ATMIA publishes best practices for preventing explosive attacks on ATMs

August 27, 2013

The ATM Industry Association has announced the publication of a best practices manual designed to help ATM owners prevent gas and explosive attacks on their…

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5 steps to ATM smash-and-grab prevention

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

Unfortunately, ATM "smash-and-grab" incidents continue to occur all too often. These crimes, which involve damaging or removing an ATM in order to access its…

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'In your eyes ... '

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

"In your eyes; the resolution of all the fruitless searches." So go the lyrics of the Peter Gabriel song, "In your eyes." A few lines further on, he exclaims…

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BoI mandates migration to EMV

August 21, 2013

Israel's supervisor of banks David Zaken has issued an order for banks and credit card customers to migrate to EMV-enabled chip cards within three-and-a-half…

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PCI Council previews update to standards

August 21, 2013

The PCI Security Standards Council, an open, global forum for the development of payment card security standards has published "PCI Data Security Standard and…

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CI Tech intros retrofit sensor that detects banknote serial numbers

August 19, 2013

CI Tech Components AG, a manufacturer of sensors and modules for detecting, evaluating and processing banknotes, is offering its new serial number reader as a…

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Cachet Financial Services finesses risk mitigation platform

August 16, 2013

Cachet Financial Solutions, a provider of RDC technologies, has announced an upgrade to its risk mitigation platform, CheckReview, which is integrated with the…

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Survey IDs ACH and wire fraud as growing threats

by Terry Dooley — SVP & CIO, ITS, Inc

The Information Security Media Grouprecently announced the results of its 2013 "Faces of Fraud" study. The study focused on the most common fraud schemes…

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Who's watching over our mobile financial data?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

With mobile financial services poised for rapid growth, the FTC is keeping a keen eye on data security.

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Philippine banks must replace ATMs, cards

August 13, 2013

Banks were ordered Tuesday to replace existing automated teller machine cards and machines with new ones between 2015 and 2017 in an effort to curb hacking…

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As authorities move on Bitcoin, crooks move on to other digital currencies

August 13, 2013

Who could've seen this coming? In May, authorities charged the principals of Cost Rica-based digital currency exchange Liberty Reserve with laundering $…

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Malware a threat for mobile banking customers

by Kevin Christensen — Vice President, Audit, SHAZAM

This post concludes a series on risk assessment for mobile-banking apps.

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