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Skimming / Fraud News & Media

Learning from EMV experience of other countries

by Terry Dooley — SVP & CIO, ITS, Inc

Recent statistics regarding the U.S. payment and fraud volumes indicate that the shift to EMV is a necessary step in order to reduce fraud.

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UK's Nationwide deploys NCR anti-skimming solution

June 10, 2013

Nationwide Building Society, a 15 million-member savings and loan provider in the U.K., has opted to deploy the NCR Skimming Protection Solution. The…

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UK tech firm touts solution to contactless card fraud

June 6, 2013

About five years ago, touch-technology developers at U.K.-based Peratech began to warn of potential theft of data from contactless cards that rely on RFID for…

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Unisys Security Index: Most Americans worry about data breaches

June 5, 2013

A new study by IT technology provider Unisys indicates that the majority of Americans worry about data breaches at large organizations. But they're not all on…

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Orion FCU turns to Bluepoint to fight check fraud

June 4, 2013

Bluepoint Solutions has announced that Memphis, Tenn.-based Orion Federal Credit Union has selected its ImagePoint Teller solution, which the FCU will…

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Webinar: Your 10-point plan to combat ATM skimming

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

You'll need a lot more than gear to win this war.

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Kenya faces growing threat from ATM fraud cartels

May 30, 2013

Kenswitch, a local payments switch provider in Kenya, is warning that the country might well see an increase in gangs carrying out card fraud. The company said…

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Webinar: 10 Essential Facts to Combat ATM Skimming!

In the U.S., losses from a typical ATM skimming incident have risen 66 percent to $50,000 over the past 24 months. In Europe, losses have risen 20 percent to…

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A $45 million ATM frame-up?

May 22, 2013

In the recently reported $45 million bank theft, much attention has been focused on the fact that cash was obtained through ATM withdrawals. But the crime was…

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Crooks counterfeit 'impossible to counterfeit' Canadian currency

May 22, 2013

Maybe it's a challenge that no self-respecting counterfeiter could pass up. Or maybe it's a case of public overconfidence in banknotes that are supposed to be…

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Remembering John Shepherd-Barron in the age of the million-dollar ATM heist

In the '60s, there was no such word as 'cybercrime' because there was no such thing. How times have changed.

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EAST to host Financial Crime & Security Forum

May 22, 2013

The European ATM Security Team Ltd. will present the first EAST Financial Crime & Security Forum on June 13–14 in the World Forum at the Hague. The event…

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ATM deployer vs. ATM fraudster: how to make sure you come out the winner

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

May 30 anti-skimming webinar will present a 10-point strategy for defeating determined and increasingly sophisticated criminals.

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ATM skimming device dealer joins the good guys

May 20, 2013

They say it takes a thief to catch a thief — or in this case, to stop one. A Romanian criminal serving a 5-year prison sentence for supplying an organized…

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Cruising to EMV eventuality?

by Richard Buckle — Founder and CEO, Pyalla Technologies, LLC

In the summer of 2009 Margo and I enjoyed a Baltic cruise. For me, the most interesting port of call was St. Petersburg, Russia. Long considered the "other…

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How do you stop a $45M ATM heist?

Kevin Christensen of Shazam offers a four-point strategy to stymie cyberthieves and their "feet on the street."

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Master ATM key theft a close call in Canberra

May 16, 2013

Thieves made off with cash from five ATMs in the Australian capital of Canberra on Monday night after stealing a set of electronic ATM keys. But while five was…

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Latest ATM fraud: another 45 million reasons for change

In the wake of a $45 million bank heist via ATM, ValidSoft CEO Pat Carroll proposes a new kind of countermeasure.

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Pakistani banks to be fined for dispensing fake banknotes from ATMs

May 9, 2013

In order to force the country's commercial banks to modernize their currency handling equipment and procedures, the State Bank of Pakistan has announced that…

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Paragon white paper touts anti-counterfeit benefits of EMV

May 7, 2013

Automated e-payment testing solutions provider Paragon Application Systems has announced the publication of a free, downloadable white paper that discusses the…

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