Card–skimming attacks at ATMs continue

November 17, 2010

Card-skimming attacks at European ATMs have continued since the European ATM Security Team (EAST) issued its six-month report in October.

Would you use a biometric solution to authorise a transaction at an ATM?

by Lachlan Gunn — Director, BenAlpin Ltd

In a website research poll conducted by the European ATM Security Team (EAST) from July to September 2010 73% of the respondents would not use the technology…

Live ATM Skimming Video Confiscated

by Robert Siciliano — speaker, IDTheftSecurity.com

ATM skimming, the top ATM-related crime, accounts for about $350,000 in fraud every day in the United States, exceeding a billion dollars a year.    

How Innovation Leads to Profit at the ATM

by Alan Walsh — Head of US Banking, Wincor Nixdorf

The retail banking industry first introduced self-service banking solutions nearly 50 years ago, with the “Bankograph” – an automated envelope deposit machine…

First Data reports a higher third-quarter net loss on higher revenue

November 3, 2010

First Data Corp. today reported a larger net loss on improved revenue for the third quarter ended September 30. The Atlanta-based ATM owner and payments…

Card trapping incidents decline, but thieves get more from the attacks

Card trapping incidents unexpectedly declined in Europe, and no one is sure why.

The End of the Magnetic Stripe On Payment Cards?

by Lachlan Gunn — Director, BenAlpin Ltd

EAST, the European ATM Security Team, has just released European ATM crime statistics for the period January to June 2010. The figures show a 24% increase in…

Thieves launch more skimming attacks at European ATMs, but the haul is smaller

Card-skimming attacks at European ATMs increased from January through June compared with the same six-month period last year.

Top 5 Credit/Debit Card Skimming Attacks

by Robert Siciliano — speaker, IDTheftSecurity.com

Credit card fraud is a multi-billion dollar industry. Skimming is one of the financial industry’s fastest-growing crimes, according to the U.S. Secret Service.

FBI agents arrest two women for ATM Solutions robbery

October 3, 2010

FBI agents have arrested and charged two women in connection with the armed robbery of the St. Louis office/warehouse of ATM Solutions Inc. News reports…

Interac offers ATM ISOs alternatives to comply with chip migration

The Interac Association has given Canada’s ISOs two alternatives to comply with the country's first EMV deadline for cash dispensing, non-deposit ATMs.The…

Wincor Nixdorf signs ATM deal with British bank

Wincor Nixdorf AG has signed a contract to deploy ATMs for Metro Bank, London’s newest bank. Wincor Nixdorf will deploy 120 ATMs over two years for Metro Bank…

More ATM Skimmers Being Used By Gangs

by Robert Siciliano — speaker, IDTheftSecurity.com

A report issued by the FTC finds that customers in the process of withdrawing cash from ATMs are more likely to be victims of ATM fraud than a direct, physical…

Barclays' ATMs stopped working for a time Saturday

August 23, 2010

An undisclosed number of Barclays Bank ATMs stopped working Saturday afternoon, inconveniencing cardholders who were unable to withdraw cash from the machines…

Anti-skimming Technology and EMV for the ATM

While many countries are moving to chip and PIN/EMV, criminals are migrating to those regions that still rely on the magnetic stripe. Understanding the…

Triton issues dramatic ATM security warning

Triton has issued a dramatic security alert to its customers after an ethical hacker figured out a way to get Triton ATMs to dispense all of their vault cash.

Armored car service accused of misappropriating millions from ATM ISO

August 8, 2010

Cardtronics Inc., the world’s largest non-bank owner of ATMs, alleges Mount Vernon Money Center, a third-party armored-car service provider, may have…

ATM Solutions offers reward for information about robbers

August 4, 2010

ATM Solutions Inc. Wednesday offered a reward of up to $150,000 for information leading to the arrest and conviction of four masked gunmen who robbed the…

Old credit card technology facilitates skimming fraud

by Robert Siciliano — speaker, IDTheftSecurity.com

Credit and debit cards in the U.S. use old magnetic stripe technology. The magnetic stripe is the black or brown band on the back of your credit or debit card.

Gunmen rob ATM Solutions Inc.

August 2, 2010

Four-masked gunmen Monday robbed ATM Solutions Inc.’s St. Louis’ office and warehouse before escaping in one of the company’s armored trucks, according to…