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Security News & Media

U.S. Bank will rollout EMV chip cards to 20,000 cardholders this month

June 21, 2011

U.S. Bank is rolling out EMV chip cards to 20,000 FlexPerks Travel Rewards Visa cardholders this month, and to other Travel Rewards cardholders later in the…

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Cash recycling offers FIs efficiency, security benefits

Decreasing lost funds and theft helps justify the expense of new equipment.

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Is polymer the ultimate counterfeit deterrent?

by Brendan Burge

Counterfeit detection is certainly the most troublesome and costly responsibility for those in the cash handling business. There is not a country in the world…

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Designers see the future of ATM security

by Ian Kerr — CEO, Level Four

It’s interesting to see a fresh perspective on bank security trends. St Martin’s College of Art in London has created an ATM crime exhibition and it features…

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Thieves use a backhoe to steal ATM from parking lot

June 20, 2011

According to MSNBC.com, Frankfort, Ky. police are searching for the suspects involved in stealing an ATM from a local credit union parking lot using a backhoe.

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Fraud migrates away from Europe, as ATM EMV rollout nears completion

by Lachlan Gunn — Director, BenAlpin Ltd

EAST has just released a chart showing the impact on ATM related skimming losses of the rollout of EMV (Chip and PIN) at European ATMs.

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Oregon Credit Union reissuing thousands of debit cards due to ATM bank fraud case

June 19, 2011

KMTR in Eugene, Ore. has reported that Oregon Community Credit Union closed thousands of its customers' debit cards as a preventative measure to reduce the…

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Chase Card Services expands EMV chip technology offering

June 19, 2011

Chase Card Services has announced that EMV chip technology is now available on a second credit card in the company’s portfolio, the J.P. Morgan Select Visa…

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Canada to unveil the first in a series of polymer banknotes

Polymer banknotes are better for ATMs because they don't shed tiny bits of ink and dust that can disable ATMs by confusing the machine's optical readers, say…

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ATM scammers’ new tactic: glue

by Robert Siciliano — speaker, IDTheftSecurity.com

Even more amazing is that if a criminal were caught gluing ATM keys, he would most likely only receive a misdemeanor vandalism charge, as opposed to a larceny…

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London school exhibits designs to deter ATM crime

Last year, cardholders withdrew £185.7 billion (U.S. $3 billion) from the nation's ATMs. Most of the withdrawals occurred without incident, but ATM crimes…

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Four indicted for skimming $1.5 million from banks' ATMs

June 12, 2011

The United States Attorney for the Southern District of New York has indicted four men for allegedly skimming $1.5 million from ATMs and PIN Pads owned by…

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NCR to deploy 27 ATMs with Texas bank

June 12, 2011

NCR Corp. announced today that it will deploy 27 SelfServ ATMs with Broadway Bank, a new customer.

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Russian bank may deploy a truth-seeking ATM

"We are not violating a client's privacy. We are not climbing into the client's brain. We aren't invading their personal lives," said Victor Orlovsky…

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Diebold forms ATM-security partnership in Russia

June 2, 2011

Diebold Inc. and AxxonSoft, a Moscow-based international provider of software security and video surveillance systems, have announced a technological…

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Judge sentences two in million-dollar ATM Solutions robbery

The robbery of ATM Solutions occurred last summer when four gunmen forced their way into the independent ATM deployer's warehouse and tied up two employees.

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Poll: Most cardholders cover ATM PIN pad to protect their PINs

Cardholders always should conceal their PIN because it thwarts thieves from using the PIN to make counterfeit cards.

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Former Diebold technician arrested for allegedly stealing $180,000 from ATMs

May 24, 2011

A former Diebold Inc. service technician is cooling his heels in a California jail after police arrested him for allegedly stealing $180,000 from seven Bank of…

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Former BofA employee sentenced for using malware to steal cash from the bank's ATMs

The thefts occurred from March 20 to October 11, 2009, in Mecklenburg County, N.C. and elsewhere.

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Retail Customer Experience publishes comprehensive guide to PCI DSS compliance

May 10, 2011

Retail Customer Experience has announced the publication of "Understanding PCI DSS and Payment Card Security," a comprehensive guide to card payment security.

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