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Skimming / Fraud News & Media

New PCI SSC e-learning program to focus on protecting data, preventing breaches

March 6, 2014

The PCI Security Standards Council has announced a new series of online training courses designed to help companies keep customer payment data secure and…

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XP in the crosshairs: ATM protection in a post-support world

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Webinar homes in on the benefits of one option for operators who aim to secure their XP-driven ATMs by April 8.

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EVO Payments, MagTek strike security deal

March 3, 2014

EVO Payments Intl., a payment service provider operating in the United States, Canada and Europe, has announced an agreement with e-payments security tech…

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Visa beefs up prepaid fraud prevention with PCS

March 3, 2014

Visa Inc. has completed technical development of a new service designed to detect and prevent fraud schemes involving prepaid cards. The company's prepaid…

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As counterfeit card fraud falls in Europe, online fraud rises

February 25, 2014

In 2012, card fraud within the single euro payments area increased for the first time since 2008, driven mainly by growth in Internet fraud, according to the…

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Community FIs reissue 4M cards in the wake of data breaches

February 19, 2014

Following a spate of high profile card data thefts, America's community banks have so far reissued more than 4 million bank cards at a total cost of more than…

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Authorities propose feeding ATM CCTV footage into police servers

February 19, 2014

Authorities in Bhubaneswar, a city in India's Odisha state, are proposing that banks integrate their CCTV feed with police servers in order to improve ATM…

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It's 11:27; do you know what your ATM anti-skimming technology is doing?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

ACG solution takes monitoring online for anti-skimming devices.

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RCMP says seized ATMs were money laundering stations

February 17, 2014

Police in the Canadian city of Winnipeg have seized a half-dozen white label ATMs they said were being used to launder money in a high-level trafficking…

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MagTek offers free queries to fraud prevention database

February 13, 2014

MagTek, a Seal Beach, California-based provider of secure payment technology, announced this week it will provide merchants with free access to its card…

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Gas pump skimming and ATMs

by atm Atom — blogger, atmatom

This month, the Manhattan District Attorney indicted four lead defendants on charges of skimming gas pumps to steal customer bank data, which was used steal…

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The games fraudsters play - and how to beat them at the ATM

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Security expert offers a checklist of 20 items to consider when planning an anti-skimming project across an ATM fleet. 

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Senate hearings on data breach hint at a long road to remedy

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

But first, the 'blame storm.'

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Card data from Target breach used in counterfeit card spending spree

January 30, 2014

A Mexican man and woman arrested early this week on charges of credit- and debit-card fraud were carrying 100 counterfeit cards striped with data stolen in the…

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How a mobile OS was exploited

CrowdStrike's CTO tells how his team exploited a phone using tools and techniques currently available "in the wild." The phone's owner felt personally…

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Paydiant wins patent for smartphone-ATM transaction solution

January 23, 2014

Several months after rolling out a solution that enables ATM transactions from smartphones, the Boston-based mobile payments provider Paydiant has gained a…

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Dynamic authentication: A new answer to card skimming

Mimi Hart, CEO of MagTek, explains a new angle on stopping skimmers from using a compromised card. (From the ATM & Mobile Executive Summit in Washington, D.C.)

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You can't get rid of the fraud risk until you get rid of the card

With a safer, less expensive alternative available, is it security driving the move to EMV - or stakeholder interests?

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Assume all handsets are compromised

Jim Pitts, project manager of the BITS Financial Services Roundtable, explains why he tells his FI members to expect the worst when it comes to customers…

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Data security bill makes another appearance in the Senate

January 9, 2014

In the aftermath of the recent data security breach at Target, Senate Judiciary Committee Chairman Patrick Leahy, D-Vt., has reintroduced the Personal Data…

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