ATM jackpotting in America: The gathering storm

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

In part two of our series on ATM jackpotting, we spoke with Vincent Wong, program director for Security Management Software at TMD Security, about the arrival…

Nearly all US ATMs now EMV-capable, study finds

April 6, 2018

The vast majority (91 percent) of U.S. ATMs are now EMV-capable, and fully 86 percent accept chip-on-chip transactions, according to new research from the ATM…

Gang busted on charges of bank fraud, ATM money laundering

April 3, 2018

A two-year-long cyberfraud investigation in Europe has culminated with the arrest of 20 suspects in a series of coordinated raids, according to a Europol press…

FTR Solutions offers free ATM Fraud Prevention Framework

March 30, 2018

FTR Solutions has announced its release of the ATM Fraud Prevention Framework.

Authorities nab alleged cyberthief behind massive ATM jackpotting enterprise

March 27, 2018

The leader of the crime gang behind Carbanak and Cobalt malware attacks targeting more than 100 financial institutions worldwide has been arrested in Spain.

Parmar and Machhi get even

March 20, 2018

Naivety cost two ATM users in the Indian state of Gujarat the sum of 19,000 rupees ($292). But Harshad Parmar and Mahesh Machhi were clever enough to get it…

Philippine lawmakers ask ATM fraudsters, 'Do ya feel lucky?'

January 30, 2018

"You've gotta ask yourself one question: 'Do I feel lucky?' Well, do ya, punk?"

After years of warnings, ATM jackpotting strikes the US

by Suzanne Cluckey — Owner, Suzanne Cluckey Communications

Now that EMV has taken much of the profit out of ATM skimming, criminals are taking up more sophisticated methods of thievery. So it was that the Secret…

Poll: FIs quick to replace customer funds lost to fraud

January 26, 2018

An informal online poll conducted by the European Association for Secure Transactions has revealed that banks are prompt, for the most part, in crediting funds…

Russian hackers quietly drain $10M from ATMs

December 12, 2017

Russian security firm Group-IB has said that a series of long-unnoticed attacks on interbank transfer systems and ATMs has resulted in losses of nearly $1…

European cops bust ATM skimming, card-fraud crew

December 1, 2017

Four key members of an international criminal network responsible for ATM skimming, card counterfeiting and payment fraud were arrested Nov. 30, during a joint…

Have multiple devices for your ID Management or Visitor Management System?

From criminal background checks to citizenship/working status to various global security certification governments around the world are requiring businesses…

Presented by Nidec Instruments America Corporation

Cyberfraud 'a worrying trend' in UK; 5M cards canceled in 1 year

November 28, 2017

Ten percent of U.K. adults (approximately 5 million people) have canceled a payment card within the last year due to attempted cyberfraud, according to a new…

Skimmer Scanner turns tech tables on fraudsters

November 26, 2017

Spark Fun, a tech company, has developed a mobile app to help consumers determine whether a gas pump has been outfitted with a card skimmer.

[WEBINAR] Deep insert skimming and ATM explosive attacks: Case studies in preventing ATM crime migration

In this webinar, industry expert Henco Bezuidenhout and TMD Security discuss case studies in preventing ATM crime migration. Download now!

EAST releases 2017 fraud alert stats to date

August 24, 2017

Through Aug. 21, the European Association for Secure Transactions (previously the European ATM Security Team) issued a total of 155 fraud alerts involving 2…

Chicago news team finds new cause for worry in chip cards

August 15, 2017

With EMV implementation driving a rapid increase in card-not-present fraud in the U.S. — from an estimated $3.1 billion in 2015 to an expected $5.2 billion in…

ATMIA takes aim at $20M in ATM withdrawal fraud

August 15, 2017

Research commissioned by the ATM Industry Association and authored by Tremont Capital Group has confirmed that approximately 20–25 percent of ATM withdrawal…

Philippine fraudsters could face life for ATM skimming

July 6, 2017

A Philippine lawmaker has submitted legislation that would send some ATM fraudsters to prison for life.

Fraud losses could set new record in 2017

July 4, 2017

Card fraud loss trends dipped in 2016, but escalating losses in 2017 hint that it could be a record year for fraud, according to a press release.