Survey IDs ACH and wire fraud as growing threats

by Terry Dooley — SVP & CIO, ITS, Inc

The Information Security Media Grouprecently announced the results of its 2013 "Faces of Fraud" study. The study focused on the most common fraud schemes…

Who's watching over our mobile financial data?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

With mobile financial services poised for rapid growth, the FTC is keeping a keen eye on data security.

Philippine banks must replace ATMs, cards

August 13, 2013

Banks were ordered Tuesday to replace existing automated teller machine cards and machines with new ones between 2015 and 2017 in an effort to curb hacking…

As authorities move on Bitcoin, crooks move on to other digital currencies

August 13, 2013

Who could've seen this coming? In May, authorities charged the principals of Cost Rica-based digital currency exchange Liberty Reserve with laundering $…

Malware a threat for mobile banking customers

by Kevin Christensen — Vice President, Audit, SHAZAM

This post concludes a series on risk assessment for mobile-banking apps.

Kaspersky Lab, SafenSoft intro security solution for ATMs, payment kiosks

August 8, 2013

Kaspersky Lab has created a specialized ATM and payment kiosk protection program for the largest credit union in Ecuador. The solution was created by Kaspersky…

Non-compliance creates significant risk with mobile banking products

by Kevin Christensen — Vice President, Audit, SHAZAM

This post continues a series on risk assessment for mobile banking apps.

Kiosk catches counterfeit cash

August 7, 2013

Counterfeit banknotes pose a financial risk to correctional facilities throughout the U.S., but the sheriff's office in Bergen County, N.J., has found a way…

Bringing order to the 'Wild West' of mobile financial services

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Regulatory oversight will be critical to consumer confidence in the adoption of ATM-mobile services.

Security: Credit card fraud

by Robert Siciliano — speaker, IDTheftSecurity.com

Buying credit card numbers with high credit limits must be so much easier than going through the hassle of building good credit, applying for credit cards…

Triton expands VersaSafe product line

August 5, 2013

In response to market and industry needs, Triton has partnered with Ellenby Technologies Inc. to expand the VersaSafe line. New additions include VersaSafe mSL…

Triton pays its respects to Barnaby Jack

by atm Atom — blogger, atmatom

by Henry Schwarz

'White hat' ATM hacker dead at 35

July 29, 2013

After discovering security flaws that allowed him to hack into ATMs both virtually and physically, Barnaby Jack could've made himself a very wealthy man.

NCR multi-vendor ATM software drives Ningbo network

July 29, 2013

Shenzhen, China-based Bank of Ningbo has gone live with NCR APTRA Edge, a multi-vendor open ATM software platform from NCR Corp. The bank's fleet of more than…

5 indicted in data theft from 160 million consumer accounts

July 25, 2013

On Thursday, U.S. authorities indicted five men from the former Soviet Union for data breaches that involved theft of information for 160 million consumer…

EAST releases midyear ATM fraud stats for Europe

July 25, 2013

ATM-related fraud losses continue to migrate away from EMV chip liability shift areas, and the U.S. continues to be the top location for such losses, according…

ATM-mobile security and the consumer

ATM-mobile technology doesn't just have to be safe. The customer has to believe it's safe, as well.

Americans cavalier about PIN protection

July 24, 2013

Alaric, an international provider of fraud prevention and payment processing solutions, recently published survey results revealing that nearly half (4…

Cyber crime the fastest growing threat to FIs

by Jim Ghiglieri — Senior Vice President, Corporate Communications, SHAZAM

In the past, cyber terrorists have focused primarily on the largest financial institutions in the country. However, since criminals often follow the path of…

Is there no honor among thieves?

July 19, 2013

Brian Krebs of Krebs on Security recently wrote about an industrious Ukrainian who set about making audio skimmers, which he offered for the price of $2,450 at…