Crime continues to dog ATM industry

Liability suits can take a big bite out of an ATM owner's bottom line. Are emergency alert systems the answer? by Ann All, editor

Body talk

Biometric identification methods such as iris scanning and fingerprint imaging may eliminate the need for a PIN at the ATM. by Ann All, editor

Former Schwartz roommate pleads guilty to receiving stolen property

March 11, 2002

NEWARK, N.J. -- Christopher LaCroix, the 36-year-old former roommate of renegade ATM operator Michael Schwartz, pleaded guilty on March 11 to taking millions…

Where ATM con artist "The Raven" strikes next, nobody knows

'If there's something to be manipulated or taken advantage of, you know there are people out there who are finessing a way to do it,' said one police officer.

Brazilian ATMs remain shut down at night due to security concerns

March 10, 2002

RIO DE JANEIRO, Brazil -- Brazilian banks will keep their ATMs closed overnight, in a effort to curb a new crime known as flash-kidnappings, according to a BBC…

Diebold offers ability to remotely load DES keys

March 10, 2002

NORTH CANTON -- To help deployers comply with the coming transition to triple DES encryption, which is used to protect PINs during ATM transactions, Diebold is…

ATM Security, Part 3: Biometrics turn ATMs into private eyes

The ATM industry and big banks have finally seen spy movies and government technology colliding with the real world of everyday ATMs. by Ryan DuBosar…

ATM Security, Part 1: Protecting against brute force theft

The deployment of smaller machines in less secure locales has resulted in a new smash-and-grab theft market. by Ryan DuBosar Contributing Editor

ATM Security, Part 2: Intelligent Locking Systems and Brute-force Defense

In the past 30 years security has evolved, along with all other aspects of ATM technology. Now, the machines use everything from steel reinforcement to the…

Why your ATMs may soon dispense less counterfeit

As the federal battle against counterfeit money wages anew, ATM owners will soon see newly-designed bills in their cash cassettes. By Ryan DuBosar…

Automated liability: Protecting cardholders at your ATMs

People may use your ATMs more if they feel safe. A revolutionary new ATM insurance product offers protection. by Kevin Gibson, contributing writer

ATM security awards panel named

March 7, 2002

Call them crime stoppers. You also can call them judges, as three of the ATM industry's security experts have been selected to pick the 2001-2002 ATM Security…

S. African bank goes wireless with security system

March 7, 2002

JOHANNESBURG, South Africa - First National Bank has installed high-tech GSM cell phone-based alarms and monitoring systems in all its ATMs countrywide.

Nestor symposium to focus on fraud prevention

March 6, 2002

PROVIDENCE, R.I. -- NestorCommerce, a division of Nestor, Inc. (OTC: NEST) will host its 4th Annual Risk Management Symposium 2000, Sept. 19 and 20 at the…

Command Security Corporation reports 1st quarter results

March 6, 2002

LAGRANGEVILLE, N.Y. -- Command Security Corporation (NASDAQ:CMMD) reported that revenue increased to $16,117,665 in its first fiscal quarter ended June 30…

Unlucky ATM thief chooses wrong victim

March 6, 2002

CHICAGO -- A would-be ATM thief on the city's South Side picked the wrong victim on Sept. 4: an off-duty Chicago cop.According to the Chicago Sun-Times, the…

PULSE upgrades security

March 6, 2002

HOUSTON -- The PULSE EFT Association has completed testing and installation of a new internal security system which is intended to provide a greater level of…

Federal jury indicts seven in ATM casino scam

March 6, 2002

LAS VEGAS -- A federal grand jury on March 5 indicted seven people for allegedly stealing credit cards, making false IDs and stealing thousands of dollars from…

Investigation of Pa. investor continues; Authorities suspect theft from armored car company

March 5, 2002

PITTSBURGH -- Barry J. Chesla, a former investor in an armored car company, allegedly pilfered millions of dollars meant for ATMs and bought real estate with…

Report on evaluating Internet ATM/debit payment protocols released

March 5, 2002

SAN FRANCISCO -- UTM Systems Corp., an e-commerce security system developer, announced the completion of a project designed to provide a framework for…