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Security News & Media

Suspected ATM cyberfraud criminal arrested in Dublin

September 14, 2020

A 34-year-old man was arrested in Dublin in a sting operation and is reportedly connected with organized crime and cyberfraud, according to a Irish Times…

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ATM security surveillance technology combats attacks

September 2, 2020

Smart Technologies is adapting its system of cost-effective sensors, pressure pads, tags, beams and cameras to specifically address the increase in ATM attacks…

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Credit card fraud is on the rise — are your customers safe?

by Greg Mahnken — Credit Industry Analyst, Credit Card Insider

Greg Mahnken is a Credit Industry Analyst for Credit Card Insider and covers important topics such as fraud, security and responsible card use. With the rise…

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North Korea denies ATM hacking scheme

August 31, 2020

North Korean authorities are publicly denying the U.S. government's claim the country is involved in a financial cybercrime campaign targeting international…

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What every company should know about a data breach

by Pat Shea — Editor, NetworldMedia

A data breach is not only inconvenient and frustrating for a company, but it can cost in revenue dollars and customer trust. How prepared is your company…

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Malware attacks SEPTA, employee info, bank accounts, possibly compromised

August 28, 2020

Personal information pertaining to SEPTA's roughly 9,300 employees might have been compromised during a malware attack that has affected the Philadelphia…

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US agencies warn banks North Korean hacking operation is back

August 27, 2020

A joint advisory from the Cybersecurity and Infrastructure Security Agency, the Department of the Treasury, the Federal Bureau of Investigation and U.S. Cyber…

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Diebold, NCR combat ATM deposit fraud, deploy software updates

August 21, 2020

Diebold Nixdorf and NCR are deploying software updates for ATMs impacted by deposit forgery.

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False declines reduced, approvals increased with Fiserv CU pilot program

by Pat Shea — Editor, NetworldMedia

False card declines is a concerning issue for financial institutions and customers. Not only is it a transaction loss for a merchant, it can mean a cardholder…

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Justice department seizes terrorist cryptocurrency accounts

August 14, 2020

The Justice Department announced it has seized the largest amount of cryptocurrency funded by terrorists.

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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.

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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?

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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.

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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…

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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…

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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…

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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…

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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…

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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…

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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.

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