Malaysian Finance Minister says switch to chip will reduce ATM fraud

April 2, 2002

KUALA LUMPUR, Malaysia -- Malaysian banks are expected to replace magnetic strips with chips on ATM and credit cards in the second quarter of 2002 and early…

Diebold's AccuTrack introduced by USAlliance

March 21, 2002

RYE, N.Y. -- USAlliance Federal Credit Union will be the first financial institution in the U.S. to install Diebold's new AccuTrack digital video server that…

ATMs take a licking, leave would-be thieves ticked off

March 12, 2002

SAN FRANCISCO -- Two freestanding ATMs took a licking, and left a couple of emptyhanded -- and probably ticked off -- would-be thieves at a San Francisco…

Iris ID system opens eyes in the ATM industry

Windows to the soul? Maybe, but eyes also may hold the key to better service at ATMs and banks. Sensar's prototype iris identification system (pictured at…

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…