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Security News & Media

New ATM Security Association inducts members, sets priorities

July 6, 2015

The ATM Security Association aims to bring together ATM-makers, suppliers, deployers and law enforcement to identify and address ATM security threats.

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PCI SSC updates standard for POI device security

July 2, 2015

Version 4.1 of the PIN Transaction Security Point of Interaction Modular Security Requirements responds to market need and industry feedback, the PCI Security…

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New resource helps FIs assess, address cyberthreat readiness

July 1, 2015

The FFIEC says that financial institutions of all sizes can use the Cybersecurity Assessment Tool to inform their risk management planning.

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ATM security still deficient, Indian officials say

June 30, 2015

A year-and-a-half after a woman getting cash was nearly hacked to death by an assailant with a machete, FIs still aren't providing adequate security at ATMs…

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Study: Banks will buy into biometrics by 2020

June 30, 2015

The use of bio ID for ATM access will increase in regions where it is now deployed and will take root in places where the PIN is dominant today, a new report…

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ATM cash-outs drive up cross-border fraud on UK debit cards

June 26, 2015

Though the US ranks third in total cross-border transactions on UK cards, it ranks first in fraudulent cross-border transactions on those cards, FICO says.

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A new twist on ATM eavesdropping attacks in UAE

June 26, 2015

The new technique, which is specific to NCR Personas ATMs, leaves no visible trace of tampering on the exterior of the ATM.

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Half of Internet users feel safer banking at branch than online

June 26, 2015

If they're among the 20 percent of users who do nothing to protect their financial data online, they're probably right.

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FBI issues ransomware warning, offers tips for prevention

June 23, 2015

The FBI's Internet Crime Complaint Center says that ransomware continues to spread, posing a threat to individuals and businesses alike.

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UL attains GlobalPlatform qualification for compliance test suite

June 22, 2015

GlobalPlatform is the cross-industry association that develops specs for secure, interoperable deployment of multiple embedded applications on a secure chip.

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ATM surveillance: Preserving the ATM, protecting the customer

It is inevitable that FIs must balance investments and cost containment, but they also must take into account the safety of the customers who use their…

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Saylent adds fraud forensics to Card360

June 17, 2015

New detailed analytics can help an FI to identify at-risk cards and points of compromise and take prompt action against fraud, Saylent says.

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Study: Most US consumers favor bio ID to prevent financial fraud

June 16, 2015

One in four US consumers would even be willing share their DNA with their bank to secure financial and personal information, a new report reveals.

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New guide standardizes terms for ATM skimming device placement

June 12, 2015

The use of uniform terminology will assist in the reporting and analysis of card data compromise devices, EAST says.

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Authorities take down lucrative European cyberfraud operation

June 12, 2015

Using man-in-the-middle email attacks, the alleged cyberthieves were able to steal $6.8 million in a very short period of time, authorities say.

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Europol, European ATM Security Team bolster crime-fighting pact

June 12, 2015

The parties have agreed to share information about card-present and card-not-present fraud, high-tech crime, and ATM malware and physical attacks.

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Lawmakers take an interest in electronic payments

by Dan Kramer — Senior Vice President, Marketing & Merchant Servic, SHAZAM

Both branches of Congress have formed bipartisan caucuses focused on payment technologies and data security in the US.

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Banco de Chile taps Wincor Nixdorf for 500 extra-secure ATMs

June 11, 2015

The new units comply with a government mandate that calls for the replacement of every ATM in Chile with a more physically secure device by 2018.

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PCI Council publishes appendix to PCI Data Security Standard

June 9, 2015

​Supplemental validation procedures will help organizations demonstrate ongoing security efforts for protecting payments, the council says.

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After the chip card: A chargeback tsunami?

What can we learn from Canada's experience weathering the fraud fallout that followed EMV migration?

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