How do you stop a $45M ATM heist?

Kevin Christensen of Shazam offers a four-point strategy to stymie cyberthieves and their "feet on the street."

Consumers worry about security of mobile banking, but do it anyway

May 16, 2013

Among consumers who own smartphones and tablets, an overwhelming majority — 83 percent — worry about iden­tity theft, but ultimately choose convenience over…

Master ATM key theft a close call in Canberra

May 16, 2013

Thieves made off with cash from five ATMs in the Australian capital of Canberra on Monday night after stealing a set of electronic ATM keys. But while five was…

RBS to invest massively in IT infrastructure

May 16, 2013

RBS chair Philip Hampton has announced that the Royal Bank of Scotland Group will invest an additional £450 million ($688.55 million) in modernizing its…

Latest ATM fraud: another 45 million reasons for change

In the wake of a $45 million bank heist via ATM, ValidSoft CEO Pat Carroll proposes a new kind of countermeasure.

What's the difference between using proxy vs. VPN?

by Robert Siciliano — speaker, IDTheftSecurity.com

If you live in or travel to a country that controls what websites citizens can and cannot view, then you might not have access to sites like Facebook or…

ATMIA offers new compliance service to members

May 13, 2013

The ATM Industry Association has announced a new service that will deliver compliance monitoring and regulatory alerts to United States chapter members in all…

Are logins really necessary?

by Kevin Christensen — Vice President, Audit, SHAZAM

Banking on the assumption that cardholders often value convenience over security, at least one major issuer has stepped out with a mobile app that gives users…

Paragon white paper touts anti-counterfeit benefits of EMV

May 7, 2013

Automated e-payment testing solutions provider Paragon Application Systems has announced the publication of a free, downloadable white paper that discusses the…

Flying the friendly skies of WiFi

by Robert Siciliano — speaker, IDTheftSecurity.com

When getting on a flight that's three to five hours long (or more), many business professionals wrestle with the decision whether to spend the $12.95 for…

EMV Compliance Mandate Delivers Financial Hit

Faced with an approaching EMV deadline, U.S. ATM deployers and operators weigh the cost of migration. Experts say the time to act is now.

Presented by Triton

Indian manufacturer rolls out energy-, security-managing ATM solutions

April 30, 2013

A pair of newly introduced power and security solutions will result in improved uptime and operational efficiency for India's banks and independent ATM…

Merchants, Fed economist raise doubts about value of EMV in USA

April 30, 2013

At a recent NACHA payments conference in San Diego, three major retailers claimed that the move to EMV will impose huge costs for a minimal reduction in fraud…

NCR rolls out 'proactive' new skimming technology

April 25, 2013

NCR Corp. has introduced a new, advanced anti-skimming technology — Skimming Protection Solution — that the company said will give financial institutions a…

How protected is your tablet on Wi-Fi?

by Robert Siciliano — speaker, IDTheftSecurity.com

To understand how protected you are, you need to understand how unprotected free public wireless is.

SmartMetric intros biometrics for NFC cards

April 23, 2013

SmartMetric Inc. has announced the successful incorporation of near field communication technology into its fingerprint-activated biometric chip card. The chip…

Fed data stokes signature vs. PIN debate

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

As we all know, there is an ongoing industry debate centered on whether chip-and-PIN transactions are more secure than chip card transactions that use only a…

Low-tech ATM attacks rise in Europe; US remains card fraud epicenter

April 17, 2013

As EMV-enabled ATMs continue to foil counterfeit card use in Europe, criminals there are adopting tactics that require far less finesse, according to the…

Diebold launches SecureStat online security management

April 12, 2013

Diebold Inc. is introducing new technology that will allow end users to integrate systems and connect services to streamline and centralize the management of…

UK financial watchdog to investigate RBS outages

April 12, 2013

The Royal Bank of Scotland will face a probe by the UK Financial Conduct Authority into IT failures at the bank last June that shut down online and ATM…