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Skimming / Fraud News & Media

Jackpot! (Or maybe not.)

June 14, 2012

A retired General Motors employee could be the luckiest man in Detroit. Also, the unluckiest man in Detroit.

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S Korea makes a move to foil phishing scams

June 13, 2012

South Korea's top financial regulator, the Financial Supervisory Service, said Monday that the country would implement a delay in the availability of wired…

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ATM placard bill set for House mark up

June 11, 2012

House bill H.R.4367 — the national legislation that would remove the risk of frivolous lawsuits against the financial industry by removing the physical fee…

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Ontario DMV kiosks closed over security concerns

June 7, 2012

LinkedIn isn't the only company with security woes this week. Kiosks that help citizens in Ontario to renew their drivers licenses and car registrations are…

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Fiserv Risk Office nets 40% average reduction in dollar fraud losses

May 30, 2012

Fiserv reports that some financial institutions that use the company's Risk Office solution have experienced an average loss reduction of 40 percent within…

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Should ATM owners 'just say no' to EMV?

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Maybe. But before deciding, they should consider that Maestro fraud isn't the only risk.

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'Hack-and-crack' scam targets Texas ATMs

May 24, 2012

An ATM hacking case in Texas should be all the reminder ATM owners need to change their machine's master password.

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Thief gets $7,200 for empty envelopes

May 24, 2012

A Scranton, Pa.-area man was charged this week with fraudulently withdrawing $7,200 from an ATM last December after depositing empty envelopes into the machine.

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Eight in India held for embezzling $486,000 in ATM funds

May 11, 2012

Eight employees of Mumbai-based CMS Security were arrested on Thursday for embezzling Rs 2.6 crore ($486,000) intended for ATM replenishment.

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Canadian police arrest dozens in card-cloning ring bust

May 10, 2012

Toronto police yesterday began a roundup of members of an international debit card cloning ring, by the end of the day arresting 48 of 61 suspects sought on…

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March Networks helps Qatari Bank meet, exceed new security mandates

May 4, 2012

March Networks, a provider of intelligent IP video solutions, today announced that "one of Qatar's largest financial institutions" has standardized its video…

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Russian banks jolted by skimming fraud

May 4, 2012

Russian Banks have experienced a shock to the system with an enormous spike in the number of skimming events through the first quarter of 2012.

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Crooks in 8 countries tap NZ bank accounts with skimmed ATM card data

May 2, 2012

Using counterfeit cards striped with data skimmed from New Zealand bankcard holders, thieves withdrew cash at ATMs in the Dominican Republic, Bulgaria…

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New insights into anti-skimming and banknote degradation solutions

by Dominic Hirsch — manager, Retail Banking Research

The findings of RBR’s latest survey of European ATM markets have just been released. One of the things that makes the most recent research findings…

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Washington woman helps bust skimming gang

April 27, 2012

Maybe she was just mad that they were Bogarting the ATMs.

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'ATM Security' guide addresses threats, solutions

Free publication reviews security challenges, strategies for the ATM industry.

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New all-in-one skimming device discovered on Calif. ATM

April 25, 2012

If only crooks would put their ingenuity to a better use: A disturbingly clever all-in-one skimmer design has come to the attention of authorities in…

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Victim count tops 200 in new NZ ATM card scam

April 11, 2012

New Zealand's latest card-skimming fraud has now affected 200 bank customers, up from an earlier estimate of 60, an article at the New Zealand Herald said.

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