Bank branches in India fail security audit

August 13, 2020

A security audit of 126 bank branches and ATMs in India's Kaithal district reveals several branches failed to comply with police security guidelines.

Excuse me sir, but you have an ATM attached to your truck

by Pat Shea — Editor, NetworldMedia

An alarming amount of ATMs have been physically stolen from various locations across the country. What can the industry do to thwart these thefts?

US Mint urges consumers to use exact change to relieve coin shortage

August 7, 2020

The United States Mint is issuing a public service announcement asking citizens to use exact change to relieve the nation's coin shortage.

Hyosung taps BranchServ as preferred partner

August 6, 2020

Hyosung America has created a distribution model to serve regional and community financial institutions. It consists of three channels to market, including a…

DBS tests SingPass, facial recognition for ID verification

August 3, 2020

Singapore-based DBS Bank Ltd. is working with Singapore's Government Technology Agency to begin testing the SingPass face verification technology system which…

Who is that masked man and has he been mandated to wear that mask?

by Pat Shea — Editor, NetworldMedia

Face masks are mandatory now at many retail stores and restaurants as a defense against contracting the coronavirus. But for banks, mandating masks can be a…

Diebold Nixdorf alerts customers to ATM black box attacks

July 17, 2020

Diebold Nixdorf, a leading manufacturer of ATMs, is issuing an alert to customers warning all banks of a new variation of ATM attacks known as black box or…

Belgium’s Argenta bank shuts down 143 ATMs due to cyberattack

July 14, 2020

Belgium's Argenta bank was targeted by cybercriminals who launched a jackpotting attack on 143 ATMs this past weekend, forcing the bank to close down the…

UK's G4S cash-handling division cutting 1,150 jobs

July 13, 2020

British private security and cash handling company, G4S, is planning to cut as many as 1,150 U.K. jobs in an effort to cut costs, according a report from…

Baltimore ATM thefts on the rise

July 9, 2020

ATM thefts are increasing in Baltimore and authorities believe it's due to the "low-risk and high-reward" of the crime, according to a report by Fox News.

Malicious malware causes havoc among currency app users

July 7, 2020

The Cerberus Trojan, a malicious malware attached to a Spanish currency calculator, bypassed Google's security barriers and infected users that downloaded the…

Goldman Sachs says wear your mask

July 3, 2020

Goldman Sachs believes a national mask mandate in the U.S. is needed to lower the possibility of COVID-19 infections and such a mandate would lead to a…

FIA arrests ATM scammers wanted by FBI

June 30, 2020

A gang of six alleged ATM scammers, two wanted by the FBI for an alleged bank robbery in New York, were arrested in Lahore, the second largest city in India…

Debit card data auctioned on dark web

June 24, 2020

Sensitive card data was stolen from debit card provider, Interacard, by the REvil ransomware gang and the data immediately went to be auctioned off on the dark…

COVID-19 pandemic caused increase in cyber fraud and changes in banking

by David Jones — Editor, Networld Media Group

As millions of Americans have shifted their daily workplace and shopping to remote online networks and mobile devices, a new wave of cyber threats has emerged…

Federal Reserve's 'FraudClassifier' will help payments industry

June 19, 2020

The Federal Reserve has published a set of tools and materials to help organizations classify and understand fraudulent activity within the payments industry.

Case studies in cost savings with keyless ATM and Branch Access Management

A TMD Security webinar offered proof-positive that keyless access can equal big savings for ATM deployers as well as the business world at large, which now…

ATM vandalism: too many questions and not enough answers?

by Pat Shea — Editor, NetworldMedia

ATM vandalism appears to be on the rise. What steps does our industry need to take to safeguard the investment of the hardware while still providing a…

ATM sprayed with hand sanitizer in Malaysia

June 10, 2020

An ATM in a shopping mall in Kuala Lumpur, Malaysia,  became inoperable after a customer liberally sprayed the machine with hand sanitizer in an effort to…

Cyber-attacks on Banks: Q&A with Elida Policastro, Regional VP – Cybersecurity Division at Auriga

If you haven’t already heard the great news, back in April, Auriga successfully completed its acquisition of the award-winning ATM cybersecurity solution…