Study predicts major rise, fall in US counterfeit card fraud through 2020

May 25, 2016

Aite has published a new study that tracks a massive and rapid increase in card fraud in the U.S. as the nation's POS and ATM systems make the transition to…

Study: Financial services IT pros overestimate breach detection powers

May 23, 2016

Tripwire, Inc., a provider of endpoint detection and response, security and compliance solutions, has announced the results of an extensive study commissioned…

Japanese ATM heist: 100 money mules; 120 minutes; $12.7 million

May 23, 2016

Eight days ago, approximately 100 thieves bearing a combined total of 1,600 counterfeit bankcards emptied some 1,400 ATMs across Japan in a coordinated and…

7 smart security practices for the Internet of Things

May 20, 2016

Experian offers 12 tips to safeguard security from the Internet of Things

ATM as bad actor: Gang enlists machine's help in skimming ops

May 19, 2016

Kaspersky Lab has released information about a Russian-speaking "Skimer" group that forces ATMs to assist them in stealing users' money. Instead of installing…

Conformance Technologies rolls out PCI DSS 3.2 compliance validation

May 17, 2016

Conformance Technologies, a provider of operating systems used in managing business compliance requirements, has released its PCI ToolKit.

Giving eyes to your ATMs

As financial institutions direct more traffic — and cash — to ATMs, networked video solutions can help to provide greater security for both terminal and user.

Citi debuts beacon-based access to ATM vestibules

May 16, 2016

Citi has announced that it is pilot-testing a new mobile banking feature that utilizes beacon technology to control access to selected ATM vestibules in New…

Left to their own devices: The BYOD hazards of digital banking services

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

A growing catalog of digital financial services delivers the awesomeness of instant access to information — and creates unprecedented opportunities for crooks…

Europe, Latin America partner to combat card fraud, ATM attacks

May 9, 2016

The European ATM Security Team has joined with the Latin American Association of Operators Electronic Funds Transfer and Information Services to combat…

Revised best practices guide counters ATM skimming scourge

May 4, 2016

The ATM Industry Association has published an updated manual of best practices for the prevention of skimming and card data compromise at ATMs.

Banking via mobile: Does 'BYOD' mean 'bring your own disaster'?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

The great thing about banking via mobile device is its convenience. The not-so-great thing is device owners' penchant for downloading things they shouldn't. A…

Software providers partner on multifactor omnichannel security solution

April 29, 2016

Banking solutions provider Infosys and security software developer Onegini have partnered to integrate the Onegini mobile security platform with Finacle…

Fraud prevention solutions saved FI clients $40M in 2015, TMG says

April 26, 2016

Fraud detection and prevention strategies implemented by payments processor TMG saved the credit union service organization's clients more than $40 million in…

ATM security: What can we learn from a hacked iPhone?

The ATM industry needs reliable security solutions to address increasing threats — without speculation as to whether there are or should be security backdoors.

Report examines growing threat from ATM malware

April 25, 2016

The Europol European Cybercrime Center and Trend Micro have announced their latest joint report, "ATM Malware on the Rise." The document offers an overview of…

Report: Cybercriminals organizing, functioning like legitimate businesses

April 22, 2016

Trustwave has issued its "2016 Trustwave Global Security Report," which details the top cybercrime, data breach and security threat trends from 2015.

FIs unseated as top targets of cybercrime

April 21, 2016

The retail sector claimed the unenviable No. 1 position on the list, experiencing almost three times as many attacks as the financial sector last year.

WesTech intros check fraud detection featuring Parascript

April 19, 2016

The solution identifies counterfeit checks, finds CAR-LAR mismatches and protects against signature forgeries, the company says.

In Europe, surging costs from ATM skimming, physical attacks

April 14, 2016

According to EAST's full-year 2015 report, card fraud carried out in non-EMV markets remains a huge headache for European issuers; locally, lower-tech card…