PIN patent gets owner $15

April 25, 2012

Since it was thought up nearly 50 years ago, nobody's come up with a more durable or widely accepted authenticator for banking than the PIN. So you might…

'Something in the way she moves': Will dynamic biometrics be the next ID?

April 24, 2012

EU researchers are studying how an individual's walk, hand movements or pulse can be used as biometric identification. An article at sciencedaily.com said a…

Expert calls biometric adoption 'disappointing'

April 23, 2012

Despite the increasing accuracy and flexibility of biometrics, one analyst says its level of acceptance in the marketplace has been "disappointing," an article…

Canadian crooks target hospital ATMs

April 18, 2012

"A shameful trend" seems a bit of an understatement, but according to an article at thestar.com, that's what police are calling a recent spate of card skimming…

It's just good medicine

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

An annual checkup is never an event that’s eagerly anticipated. However, we are all the better off for pursuing checkups, as none of us likes being blindsided…

Victim count tops 200 in new NZ ATM card scam

April 11, 2012

New Zealand's latest card-skimming fraud has now affected 200 bank customers, up from an earlier estimate of 60, an article at the New Zealand Herald said.

ATM fraud rises in Europe; cash-trapping skyrockets

April 10, 2012

The nonprofit European ATM crime-tracking organization EAST said total ATM-related fraud incidents in its member countries increased 61 percent — from 12,38…

NZ ATMs fall victim to armored guard strike

April 10, 2012

The ATM woes of Kiwi banks continue. Following a million-dollar ATM skimming scandal, FIs now find themselves in the midst of a union dispute between…

More New Zealand bank customers slammed by scammers

April 9, 2012

It appears that New Zealand's bankcard fraud woes are not over yet. According to a news report at stuff.co.nz, a new scam appears to have cropped up over the…

Thai police bust 5 Bulgarians for ATM fraud

April 6, 2012

Police in Thailand arrested five Bulgarian nationals on charges that they used counterfeit bank cards to make ATM withdrawals, said a news report at…

East African telecoms, ATM networks vulnerable to data hacking

April 5, 2012

Some African companies may not be keeping up with the latest IT security for their data systems, which could be an invitation to cybercriminals to mine ATM and…

Authorities bust up two-year skimming operation at Vegas ATMs

April 5, 2012

Thieves used skimmers and pinhole cameras at ATMs in Las Vegas to lift credit card data over a two year period, said an article at lasvegassun.com. Thirteen…

Six weeks, six stolen ATMs in Gujarat

April 4, 2012

In the western Indian state of Gujarat, thieves have made off with at least six ATMs since February and have made an additional two failed theft attempts, said…

Global Payments talks profits … and data losses

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The third-party processor rolls data breach Q&A and Q3 earnings into one call.

Visa vacates Global Payments

April 1, 2012

According to a news item posted by wsj.com at 7:39 p.m. EST on Sunday, April 1, Visa has removed Global Payments from its list of companies considered to be…

Monday press conference will address Global Payments data breach

April 1, 2012

Global Payments announced it will hold a live press conference Monday, April 2 at 8 AM EDT to answer questions about a data breach the company experienced…

ATM scam tops NZ$1 million in losses

March 30, 2012

New Zealand bank ANZ National now estimates that approximately $1 million (US$820,000) has been stolen in a skimming case that just seems to keep expanding.

Webinar explores opportunities for slashing cash-handling costs

Cash won't be going away anytime soon, but a fair amount of the handling costs could be.

Study: Nearly all cyber attacks in 2011 were avoidable

March 28, 2012

A Verizon study released last Thursday said that 97 percent of the cyber attacks on FIs and other companies last year were carried out using fairly simple…

New Zealand ATM skimming investigation broadens

March 27, 2012

Police are revising upward their initial appraisal of a card scamming incident affecting customers of New Zealand's ANZ and National Banks (which are a part of…