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Security News & Media

Card fraud grows in Malaysia

October 9, 2002

PENANG, Malaysia -- Malaysia lost more than RM40 million (Malaysian ringgits -- approximately $10.5 million) to ATM and credit card fraud in 2001, according to…

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Study finds robberies increase along with ATM use in Australia

October 7, 2002

SYDNEY -- A five-year study has found an increase in ATM use in Australia has resulted in more robberies, according to a report in The Age.The study by the…

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Serial robber nabs office workers' ATM cards

October 2, 2002

RALEIGH, N.C. -- Police in North Carolina's Research Triangle area are looking for a robber who attacks office workers, duct-tapes them to furniture and forces…

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Diebold EMV forum takes stock of progress on conversion

September 24, 2002

Functionality, fear of fraud and a looming deadline are pushing European countries toward implementation of EMV specifications, according to this report from a…

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Military man raises security concerns with ATM theft attempt

September 24, 2002

TAICHUNG, Taiwan -- A military officer was arrested in Taichung on Sept. 24 after he allegedly attempted to blow up an ATM, according to a report in the Taipei…

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ATMs allegedly used to launder drug money in Calif.

September 12, 2002

WATSONVILLE, Calif. -- An owner of markets in four California cities was arrested on Sept. 12 on suspicion of laundering more than $11 million in drug money…

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Lawsuit against Concord EFS alleges securities fraud

September 9, 2002

MEMPHIS, Tenn. -- A Concord EFS stockholder on Sept. 6 filed a federal lawsuit alleging that seven top executives of the transaction processor illegally earned…

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Alleged thieves "Dukes of Disaster" for Wisconsin ATM owners

September 5, 2002

GREEN BAY, Wis. -- Two Mukwonago men who went on a crime spree seemingly inspired by the old "Dukes of Hazzard" television show were charged with theft in the…

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New requirements cause information overload for some ISOs

September 4, 2002

Some ISOs are finding it a challenge to provide extensive documentation on the financial backgrounds of those they do business with, including representatives…

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UK's Abbey National moves toward EMV compliance

September 2, 2002

LONDON -- Abbey National, the UK's sixth-largest banking group in terms of assets, is working with several providers of ATM services to give its customers…

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Schwartz roommate gets 7 years for taking stolen cash

August 29, 2002

NEWARK, N.J. -- Christopher LaCroix of West Palm Beach, Fla., was sentenced to seven years and one month in federal prison yesterday for taking some of the…

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NCR says Malaysian conversion to chip will be biggest project ever in Asia-Pac

August 29, 2002

KUALA LUMPUR, Malaysia -- NCR Malaysia Sdn Bhd, a wholly-owned subsidiary of NCR Corporation, says that a move to chip-based ATM cards by next year will be one…

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Tidel participating in Core Data encryption program

August 28, 2002

AMARILLO, Texas -- Houston-based ATM manufacturer Tidel Technologies is using an enhanced encryption procedure developed by transaction processor Core Data to…

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ATMs make list of top 10 investment frauds

August 26, 2002

Kiosk- and ATM-leasing fraud, highlighted by recent breach of contract lawsuits filed against ATM- and/or kiosk-deployment companies, is on the list of the…

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Crime doesn't pay for thieves who target empty ATM

August 25, 2002

CHICAGO -- An ATM heist went awry for three men who broke into a closed Southeast Side restaurant on Aug. 22 and wrestled the machine from its bolts -- only to…

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More suspects, charges in Indiana EBT fraud case

August 22, 2002

MISHAWAKA, Ind. -- Criminal charges, suspects and dollar amounts are piling up in an ongoing investigation of an alleged scheme to plunder state welfare funds…

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ATM thief ties up rush hour traffic

August 21, 2002

MELBOURNE, Australia -- Australian police are looking for a brazen thief who loaded an ATM onto a bright yellow forklift truck and then drove off down a busy…

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Accountant is latest to be charged in Tri-State case

August 20, 2002

CAMDEN, N.J. -- A South Philadelphia accountant is the latest person to be charged in the Tri-State Armored Services scheme involving millions of dollars and…

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Tokyo police note rise in ATM crime

August 15, 2002

TOKYO -- The number of reported robberies targeting people who have just withdrawn money from financial institutions and ATMs has risen sharply in central…

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Another Malaysian bank announces move to chip

August 15, 2002

KUALA LUMPUR, Malaysia -- RHB Bank Bhd will invest 40 million ringgits (approximately $10.5 million U.S.) to upgrade its automated ATM network to use smart…

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