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Skimming / Fraud News & Media

Top Hat Security from Lock America

Presentation from NAC conference by Robert Chen of Lock America, Corona, CA that outlines the ways Lock America Security Locks protect ATMs from Jackpotting…

Presented by Lock America

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Scammers steal $106K in cardless ATM fraud scheme

November 1, 2018

Fraudsters have come up with yet another way to steal money from the accounts of unsuspecting bank account holders.

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Mobile, phishing fraud on the upswing

October 26, 2018

IDology, a provider of solutions for identity verification, authentication and fraud prevention, has released its Sixth Annual Fraud Report, confirming the…

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Authorities take down counterfeit banknote print shops in Italy, Bulgaria

October 25, 2018

French and Italian police, supported by Europol, have arrested 23 individuals and dismantled two criminal networks suspected of producing and distributing…

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The rising threat of online card-skimming attacks — and how to prevent them

E-commerce is drawing greater attention from criminals as a vehicle for data hacking and fraud. To protect themselves, e-commerce players must pay greater…

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ATM eavesdropping crime on the upswing, Secret Service says

September 28, 2018

The Secret Service has notified U.S. financial institutions about a recent increase in "eavesdropping" attacks on ATMs.

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Authorities dismantle euro counterfeiting print shop

September 28, 2018

On Sept. 21, the Polish Central Bureau of Investigation in Gdansk dismantled an illegal print shop producing counterfeit 50 euro bank notes. According to a…

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Computer programmer who enabled Target breach sent to prison for 14 years

September 25, 2018

A computer programmer from Latvia will serve 14 years in prison for his role in helping to hackers to design malware that was used to carry out the Target data…

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Romanian authorities detain 6 suspects in international skimming scheme

September 14, 2018

Authorities from Romania's Directorate for Combating Organized Crime and Terrorism have detained six men in connection with an ATM skimming scheme that has…

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FBI alerts FIs to potentially imminent ATM cash-out attack

August 14, 2018

The FBI has obtained unspecified reporting indicating cyber criminals are planning to conduct a global Automated Teller Machine cash-out scheme in the coming…

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ATM malware sellers branching out

August 9, 2018

At least one ATM malware purveyor on the dark web is broadening its portfolio to include bitcoin ATM malware.

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Authorities throw the book at 3 members of Fin7 cybercrime gang

August 8, 2018

Three high-ranking members of a sophisticated international cybercrime group operating out of Eastern Europe have been arrested and are in custody facing…

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Mobile banking trojans a major threat in Q2

August 7, 2018

The number of mobile banking trojans peaked at a historic high of 61,045 in Q2 2018, a three-fold increase compared with Q1. In descending order, the top three…

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EAST publishes 2nd fraud update for 2018

July 12, 2018

The European Association for Secure Transactions has published its second European Fraud Update for 2018. The report is based on in-country crime statistics…

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Europol training course takes on ATM malware, skimming

July 5, 2018

Seventy-four Investigators, forensic experts, and police officers joined the fourth edition of the Europol Training Course on Payment Card Fraud Forensics and…

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Asian, European law enforcement agencies unite to fight ATM fraud

June 1, 2018

As EMV chip cards have become prevalent in the European Union, banks have seen an increase in fraudulent payments with European cards at ATMs in Asian…

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Massachusetts ATM operators jolted by jackpotting attacks

May 29, 2018

ATMs in the Massachusetts towns of Ludlow, Attleboro and Danvers, and in the Back Bay neighborhood of Boston have been targeted in a rash of recent ATM…

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ATM skimming remains a top 5 trend in data breaches

May 21, 2018

Risk Based Security has released the results of its Q1 2018 Data Breach QuickView Report, which shows that breaches of all types fell by more than half in the…

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7 in 10 consumers 'reassured' by FI's alerts of possible fraud

May 21, 2018

In an informal poll conducted by the European Association for Secure Transactions, the majority of respondents said they were reassured by steps taken by their…

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ATM logical attacks, losses across Europe soar 230 percent in 2017

April 11, 2018

European nations reported 192 ATM malware and logical attacks in 2017. This represents a 231 percent increase from 58 attacks in 2016, according to a new…

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