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Security News & Media

Schwartz roommate gets 7 years for taking stolen cash

August 29, 2002

NEWARK, N.J. -- Christopher LaCroix of West Palm Beach, Fla., was sentenced to seven years and one month in federal prison yesterday for taking some of the…

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NCR says Malaysian conversion to chip will be biggest project ever in Asia-Pac

August 29, 2002

KUALA LUMPUR, Malaysia -- NCR Malaysia Sdn Bhd, a wholly-owned subsidiary of NCR Corporation, says that a move to chip-based ATM cards by next year will be one…

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Tidel participating in Core Data encryption program

August 28, 2002

AMARILLO, Texas -- Houston-based ATM manufacturer Tidel Technologies is using an enhanced encryption procedure developed by transaction processor Core Data to…

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ATMs make list of top 10 investment frauds

August 26, 2002

Kiosk- and ATM-leasing fraud, highlighted by recent breach of contract lawsuits filed against ATM- and/or kiosk-deployment companies, is on the list of the…

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Crime doesn't pay for thieves who target empty ATM

August 25, 2002

CHICAGO -- An ATM heist went awry for three men who broke into a closed Southeast Side restaurant on Aug. 22 and wrestled the machine from its bolts -- only to…

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More suspects, charges in Indiana EBT fraud case

August 22, 2002

MISHAWAKA, Ind. -- Criminal charges, suspects and dollar amounts are piling up in an ongoing investigation of an alleged scheme to plunder state welfare funds…

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ATM thief ties up rush hour traffic

August 21, 2002

MELBOURNE, Australia -- Australian police are looking for a brazen thief who loaded an ATM onto a bright yellow forklift truck and then drove off down a busy…

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Accountant is latest to be charged in Tri-State case

August 20, 2002

CAMDEN, N.J. -- A South Philadelphia accountant is the latest person to be charged in the Tri-State Armored Services scheme involving millions of dollars and…

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Tokyo police note rise in ATM crime

August 15, 2002

TOKYO -- The number of reported robberies targeting people who have just withdrawn money from financial institutions and ATMs has risen sharply in central…

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Another Malaysian bank announces move to chip

August 15, 2002

KUALA LUMPUR, Malaysia -- RHB Bank Bhd will invest 40 million ringgits (approximately $10.5 million U.S.) to upgrade its automated ATM network to use smart…

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Singapore banks considering move to chip

August 14, 2002

KUALA LUMPUR -- Singapore banks have yet to decide on whether to convert their ATM cards and ATMs to chip-based technology, in the wake of a recent…

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Debit card scam leads to police warning in Canada

August 7, 2002

LONDON, Ontario - Police in the Canadian province of Ontario are alerting citizens to be careful when making debit-card purchases after one purchase led to the…

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NYC credit union members take $15M in 9/11-related ATM fraud

August 5, 2002

NEW YORK -- Prosecutors are investigating up to 4,000 people who allegedly used ATMs to steal $15 million from a municipal employees' credit union in the…

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Malaysian ATMs back on shared network

August 1, 2002

KUALA LUMPUR, Malaysia -- The electronic linkage among Malaysian ATMs has resumed, although within restricted hours as banks are still on alert until the…

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ATM industry mobilizes for fraud fight

July 30, 2002

All who convened in Washington D.C. for the inaugural meeting of the Electronic Funds Transfer Association's ATM Integrity Task Force agreed that ATM fraud has…

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Payment consortium endorses Triple DES specifications

July 23, 2002

WESTON, Fla. -- A consortium of electronic payments industry suppliers is proposing the first global interoperable method for Triple DES session key…

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Alleged ATM thief not camera shy

July 7, 2002

CHICAGO -- After police arrested a trio of suspected thieves who nabbed more than $1 million from 70 ATMs in the past year-and-a-half, the men confessed and…

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EFTA forms task force to address skimming at ATMs

July 7, 2002

HERNDON, Va. -- The Electronic Funds Transfer Association will host a meeting designed to bring together various sectors of the EFT industry to fight the…

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Hacker accesses bank site's data

July 2, 2002

OKLAHOMA CITY, Oklahoma -- Home National Bank on June 27 admitted that its computers were cracked by a foreign hacker who stole confidential information such…

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Indiana state worker charged with EBT fraud

July 1, 2002

SOUTH BEND, Ind. -- Seneithea K. Griffin, a 29-year-old St. Joseph County caseworker, has been charged with bilking taxpayers out of as much as $250,000 by…

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