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Security News & Media

Man gets second chance after life sentence for ATM scam

January 16, 2008

China.org: The Guangdong Supreme Court in China has thrown back a high-profile case in which a man received a life sentence for deliberately withdrawing…

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B of A refunds woman after dispensing fake twenty at ATM

January 10, 2008

New OrleansNet: An Orlando, Fla., woman who got counterfeit cash from a Bank of America ATM says the bank has agreed to replace the phony money. Harriett…

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First Gulf Bank launches chip-based debit card from MasterCard

January 9, 2008

Al Bawaba: First Gulf Bank, a leading bank in the UAE based in Abu Dhabi, has launched a chip-based MasterCard Worldwide debit card. The card provides…

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Alaric appoints industry expert to head ANZ region

January 9, 2008

LONDON — Alaric International, a supplier of advanced technology solutions for the card-payments industry, announced that it has appointed payments industry…

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ATM con men net $22.4 million in Japan

January 8, 2008

The (Japan) Yomiuri Shimbun: People posing as tax-office officials and calling victims to offer refunds managed to net a total of 2.45 billion yen (U.S. $22.…

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Harvard uncovers ID, debit-card scam

January 7, 2008

The Boston Globe: Harvard University police and the Middlesex district attorney's office are investigating a security breach at the school after an…

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Terror suspects sentenced for ATM-related scam

January 7, 2008

(New York) Daily News: Three men accused of being part of a terrorist plot to steal $250,000 from city ATMs with bogus cards and stolen identities were on…

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ATM tech accused of stealing $250,000

January 7, 2008

The Associated Press: A man who services ATMs faces a charge of stealing more than $250,000 from the machines and his employer, Colby Enterprises of Kenner…

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Citibank limits ATM cash withdrawals in NYC

January 3, 2008

(New York) Daily News: A jump in ATM fraud led Citibank last month to slash the maximum amount of cash available to its customers. The new cap on cash began…

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ATMIA hosts ‘Rising Again' ATM show in New Orleans

January 2, 2008

BROOKINGS, S.D. — The ATM Industry Association on Feb. 20-22 is hosting its annual Conference East in New Orleans. The theme of the ninth U.S. conference is…

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Has chip and PIN failed ATM security?

January 2, 2008

Guardian Unlimited: It was supposed to bring an end to unauthorized card transactions, but two years later, is chip-and-PIN technology just as fallible its…

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Theft of $88,000, I.D. linked to Hawaii ATM

January 1, 2008

KITV-TV (HONOLULU), Channel 4: Honolulu police say it's the largest identity theft case they've seen, with more than 900 victims in a scam that spans multiple…

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Wireless tech used to skim card info at ATM

January 1, 2008

News.com.au: Criminals in Australia are using wireless technology to skim PINs from bank cards at ATMs while sitting up to 100 meters away. Wireless keypad…

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Wincor World: banking, retail

by Tracy Kitten — Editor, AMC

Global partners reinforce international push in 2008.

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TJX settles with all but one plaintiff after data-breach suit

December 26, 2007

Digital Transactions: TJX Cos. Inc. has settled with three banking associations and three individual banks that sued after a data breach that potentially…

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ATM mistakingly prints out private information

December 25, 2007

The Edmonton Sun: A Canadian resident got more than he bargained for when he made a transaction at a Royal Bank of Canada ATM earlier this month. Without…

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Retail ATMs: Leveraging Profitability

In today's financial market, retailers that do not provide a cash-access point for customers are almost working at a disadvantage. In the United States, ATMs…

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Money Centers of America completes migration to Triple DES earlier than expected

December 20, 2007

KING OF PRUSSIA, Pa. — Money Centers of America Inc. has completed the Triple DES conversion of its ATM network, according to a news release. The migration…

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Bank becomes first to issue EMV chip cards to Vietnamese

December 19, 2007

VietNamNet Bridge: For the first time ever, credit/debit cards based on EMV smart card technology are being issued on a mass scale by a bank in Vietnam. VP…

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ATM crime ring broken up in Southern Europe

December 18, 2007

MaltaMedia News: An investigation by the HSBC Malta Anti Fraud Team has led to the arrest of suspects allegedly involved in an ATM crime ring responsible for…

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