Skimming / Fraud News & Media
ATMIA publishes ATM eavesdropping advisory
April 21, 2015
The trade group has received information indicating an increase in wire tapping-style attacks that obtain card data directly from the ATM's own card reader.
read nowEAST cases out ATM crime stats in 2014 full-year report
April 15, 2015
Though ATM fraud incidents fell by more than a quarter for the year, a reduction in losses did not follow — in fact, the cost of ATM-related crime rose by…
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Serving the user, securing the ATM: A delicate balance
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
Is it really possible to harden an ATM against skimming attacks while ensuring a first-rate user experience? TMD Security answers 'yes.'
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ATM card skimming in 2015: Crime waves, countermeasures and case studies
by Suzanne Cluckey — Owner, Suzanne Cluckey Communications
A free March 12 webinar will investigate trending ATM skimming methods, new anti-skimming safeguards, and strategies major FIs have used to foil thieves.
read nowKaspersky ties Carbanak cybergang to $1B bank heist
February 17, 2015
A combined effort by Kaspersky Lab and various legal authorities has uncovered as much as $1 billion in cybertheft from financial institutions worldwide.
read nowNebraska lawmaker seeks changes to ATM licensing rules
January 19, 2015
Among other things, the bill provides that consumers will not be held liable for financial losses arising from ATM tampering or manipulation.
read nowCrooks launch new, 'black box' ATM hack
January 9, 2015
A 'novel and complex' new physical attack involves a mobile phone and a circuit board plugged into the ATM's core.
read nowBebe Stores Inc. confirms payment card data breach
December 8, 2014
An undisclosed number of records was stolen from customers who used their bankcards at the retail chain's POS terminals between Nov. 8 and Nov. 26.
read nowHighly targeted malware attacks a growing trend, Kaspersky says
December 4, 2014
A smaller-than-usual year-over-year increase in malicious files doesn't mean criminals are slacking off — it means they're becoming more selective with their…
read now2015 to be a high-stakes year for ATM attacks, Kaspersky predicts
December 2, 2014
'The next stage will see attackers compromising the networks of banks and using that level of access to manipulate [ATMs] in real time,' a security expert…
read nowBank of South Pacific gets proactive against fraud
December 1, 2014
The bank is using an ACI risk management tool that identifies potentially fraudulent transactions and blocks them, if necessary.
read nowPayment security concerns will influence holiday shoppers, study shows
December 1, 2014
More than one-quarter of US consumers will not buy at a store that has experienced a cyberattack if they can find the same product elsewhere, a KPMG study…
read nowEAST guidelines offer advice on recovery of ATM fraud devices
November 25, 2014
A new publication addresses the proper seizure and examination of fraud devices for purposes of criminal prosecution and the development of countermeasures.
read nowEAST publishes European ATM crime stats in third 2014 update
November 25, 2014
ATM fraud losses continue to migrate from EMV-enabled areas in Europe to non-EMV countries — and the bulk of them continue to occur in the US.
read nowFraud-fighting measures working in UK, FICO says
November 18, 2014
Losses from card-not-present fraud increased, but so did the number of card transactions, leaving the overall rate unchanged, the company said.
read nowHome Depot releases new data breach details
November 7, 2014
In addition to payment card data, cyberthieves stole separate files containing approximately 53 million email addresses, the company has now disclosed.
read nowFFIEC report poses key questions about cybersecurity
November 4, 2014
Testing plans across business functions and with third parties will help FIs identify and manage gaps before cyber attacks occur, the council says.
read nowIt's November — peak season for card fraud
October 31, 2014
Criminals Christmas-shop, too. Data analysts at Feedzai say last November was big for fraud, but this November will be bigger yet.
read nowCard data theft the No. 1 worry among Americans, Gallup poll says
October 30, 2014
Gallup found that 69 percent of Americans worry about having card information stolen in a retail data breach — and suggested that this fear could increase…
read nowUS banks hit with EMV fraud (yes, EMV fraud)
October 28, 2014
Fraudsters are devoting their energies to exploiting holes in the smart chip transaction process. And it seems that they have found a few.
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