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Security News & Media

Why is cash still king? Crime, Europol suggests

July 14, 2015

Cash is slowly falling out of favor with consumers, but is still a preferred method for laundering ill-gained profits, the European law enforcement…

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Summer reading list: The top 5 ATM features for June

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Grab your e-reader and an ice-cold beverage, then head to the hammock and catch up on ATM Marketplace features you might've missed last month.

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Study: Biometric services now a priority for FIs

July 9, 2015

Nearly 90 percent of banks surveyed said they offer — or are planning to offer — biometric services for customer authentication and transaction approval.

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SPA updates report on card authentication methods

July 6, 2015

The Smart Payment Association has revised its publication, "Strengthening Card Authentication: A migration to DDA," to reflect an evolving payment environment.

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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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