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Security News & Media

Visa card-present fraud sinks 80 percent in years since EMV migration

February 14, 2019

Visa has seen continued growth in the number of chip cards and chip-enabled merchants since the EMV liability shift in October 2015, the company said in a…

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iProov launches Palm Verifier contactless biometric identification technology

February 12, 2019

London-based iProov is launching Palm Verifier, a contactless biometric identification product that can be used to authenticate users across multiple personal…

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Chinese programmer who found ATM system flaw gets 10 years in prison

February 12, 2019

A computer programmer at China's Huaxia Bank who found a flaw in the FI's core system and used it to withdraw more than $1 million from ATMs will spend the…

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Worry about bombings prompts preemptive removal of Netherlands ATMs

February 12, 2019

Public anxiety about ATM bombings has resulted in the preemptive removal of hundreds of ATMs from the streets in the Netherlands.

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ATM and IoT security: Be proactive to be protected

Consumers have no doubt adopted payment apps and digital banking to manage their finances, but ATMs remain a common platform for transactions. They also remain…

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ATMIA, ATM Security Association consolidate operations

February 8, 2019

The ATM Security Association and the ATM Industry Association have finalized an agreement to join together on a permanent basis. 

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Co-op integrates Cooper fraud analyzer into shared branch program

February 7, 2019

Co-op Financial Services has announced that Cooper Fraud Analyzer is now part of Co-op Shared Branch. Network transactions for credit unions participating in…

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Protector GPS Case Study, Kida ATM Services

DPL’s Protector GPS helps IAD recover stolen ATM plus $25,000 cash and aids police in making arrests.

Presented by DPL - Managed Connectivity

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Counterfeit cards used in theft of $62k from Texas bank ATMs

January 30, 2019

Detectives with the forgery squad of the police department in Lubbock, Texas, are investigating a case of counterfeit card fraud that netted nearly $62,000 in…

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Unsecured server leaks data from millions of accounts at State Bank of India

January 30, 2019

The State Bank of India reportedly has leaked data from millions of customer accounts, including account numbers, balances, recent transactions and other…

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Strong authentication use rising rapidly, study finds

January 24, 2019

Organizations are beginning to invest in stronger, phishing-resistant forms of authentication, according to "The State of Strong Authentication Report 2019," a…

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Qatari Bank rolls out March Networks business intelligence solution

January 23, 2019

March Networks recently announced that a major bank in Qatar is deploying the company's business intelligence software and integrated analytics. 

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Mercator releases 2019 forecast for U.S. payment trends

January 23, 2019

Mercator Advisory group has released its 2019 Outlook: U.S. payments. The docyment is compiled from Outlook publications released in late 2018 for each of the…

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Biometric payment card provider raises $14M to support market expansion

January 22, 2019

Zwipe, a biometric payment card provider based in Oslo, Norway, has raised an additional $14 million in a new funding round.

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Gemalto study unveils only half of businesses can detect IoT security breaches

January 21, 2019

Gemalto, a digital security company, found that only 48 percent of businesses can detect when their internet-of-thing devices are breached. The company…

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West African banks suffer wave of malware attacks

January 18, 2019

Since mid-2017, cybercriminals have been targeting financial institutions in a number of West African countries using a variety of commodity malware programs…

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Retail-BCG announces next-gen revamp to ATM, device management solution

January 17, 2019

Retail-BCG has launched its next-generation ATM and device management solution. According to a press release, the solution will help users to drive…

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Cybersecurity firm details Fortnite flaw that left players open to account takeover

January 17, 2019

A recent discovery by cybersecurity firm Check Point Software Technologies Ltd. serves as a reminder that just one small, careless oversight can give hackers…

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Phishing expedition gives hackers entrée to Chile's ATM network

January 17, 2019

Hackers from North Korea's notorious Lazarus Group allegedly took advantage of an unwary employee of Chile's interbank ATM network, Redbanc, in order to…

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First Data adds PCI point-to-point encryption validation for enterprise

January 15, 2019

First Data has added a new PCI P2PE validation to its portfolio — TransArmor P2PE using the On-Guard solution by Ingenico Group. 

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