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Skimming / Fraud News

Romanian National sentenced for ATM card skimming scheme

June 4, 2019

A Romanian national will serve up to 65 months in prison in connection with a multi-state ATM card skimming scheme, according to a press release from the U.S.

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Checkers/Rally's acknowledges payment card breach at stores in 19 states

May 30, 2019

Checkers Drive-In Restaurants is notifying guests about a data security issue involving malware at certain Checkers and Rally's locations in 19 states…

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TMD Security debuts new suite of ATM defenses

February 19, 2019

TMD Security has announced the introduction of its new ATM Security Controller 7000, a single modular solution architecture that controls a complete suite of…

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Visa card-present fraud sinks 80 percent in years since EMV migration

February 14, 2019

Visa has seen continued growth in the number of chip cards and chip-enabled merchants since the EMV liability shift in October 2015, the company said in a…

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ATMIA, ATM Security Association consolidate operations

February 8, 2019

The ATM Security Association and the ATM Industry Association have finalized an agreement to join together on a permanent basis. 

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Counterfeit cards used in theft of $62k from Texas bank ATMs

January 30, 2019

Detectives with the forgery squad of the police department in Lubbock, Texas, are investigating a case of counterfeit card fraud that netted nearly $62,000 in…

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Strong authentication use rising rapidly, study finds

January 24, 2019

Organizations are beginning to invest in stronger, phishing-resistant forms of authentication, according to "The State of Strong Authentication Report 2019," a…

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West African banks suffer wave of malware attacks

January 18, 2019

Since mid-2017, cybercriminals have been targeting financial institutions in a number of West African countries using a variety of commodity malware programs…

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Phishing expedition gives hackers entrée to Chile's ATM network

January 17, 2019

Hackers from North Korea's notorious Lazarus Group allegedly took advantage of an unwary employee of Chile's interbank ATM network, Redbanc, in order to…

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ACI projects 14 percent increase in payment fraud attempts over the holidays

November 19, 2018

Attempted payment fraud will jump approximately 14 percent this holiday season, according to benchmark data from ACI Worldwide, a provider of electronic…

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Wireless ATM Store software solution combats man-in-the-middle ATM attacks

November 13, 2018

In response to recent man-in-the-middle ATM attacks reported in California, the Wireless ATM Store, working with ATM manufacturer Genmega, has introduced new…

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PNC Treasury Management pilots dynamic CVV2 technology for commercial card clients

November 9, 2018

PNC Bank Treasury Management, a member of The PNC Financial Services Group Inc., has announced the pilot of dynamic CVV2 technology for commercial card…

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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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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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