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Skimming / Fraud News

Hitachi breach cited as source of major ATM malware attack in India

February 21, 2017

In late 2016, Indian media outlets widely reported an ATM malware attack that compromised between 3.2 million and 6.5 million debit cards from several of the…

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Authorities take down international ATM jackpotting gang

February 1, 2017

Law enforcement agencies in Europe and Asia, supported by the Europol European Cybercrime Center, have arrested five members of an international criminal…

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ABA draws a positive picture of US EMV migration

January 31, 2017

A new infographic from the American Bankers Association shows consumers are "unquestionably safer" now than they were before the widespread adoption of EMV.

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Criminals responsible for eastern European ATM hack 'will become active in the West soon,' report warns

December 19, 2016

London-based cybersecurity company Positive Technologies has released findings from its investigation into an incident in which hackers were able to steal the…

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A whole new level of ATM PIN protection

December 19, 2016

There are two kinds of ATM PIN users in this world — "shielders" and "show" people.

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Crimestoppers, Link re-up for ninth year

November 22, 2016

Crimestoppers, a group that seeks to stop ATM attacks, and Link, the U.K. ATM network, have renewed their partnership for a ninth straight year, the…

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US tops list of locations for ATM fraud losses in EAST report

November 15, 2016

The European ATM Security Team has published its third European fraud update for 2016. The report is based on country crime updates provided by representatives…

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Tesco Bank confirms online account breach, theft of funds

November 8, 2016

Tesco Bank Chief Executive Benny Higgins has confirmed an online attack on the bank's systems last weekend that, "in some cases, resulted in money being…

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Report: Card fraud losses see stunning spike in 2015

October 26, 2016

Banks and merchants worldwide shouldered total fraud losses of $21.84 billion in 2015 on payment card purchases totaling $31.31 trillion, reveals new research…

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ATM explosive attacks booming in Europe

October 17, 2016

The European ATM Security Team has reported an 80 percent increase year over year in the incidence of ATM explosive attacks through the first half of 2016.

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'Virtual hacker' CyBot identifies cyberthreats to ATM networks

October 13, 2016

Israel-based software vendor Cronus Cyber Technologies has developed a virtual hacker system, called CyBot Suite, that imitates the way hackers are thinking…

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ATMIA seeks participants for global ATM security survey

October 13, 2016

The ATM Industry Association is once again conducting its annual ATMIA Global Security and Fraud survey.

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European authorities dismantle international ATM crime group

October 3, 2016

Last month, authorities took down an international payment fraud network responsible for large-scale use of compromised payment card data, prostitution and…

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Authorities go on the lookout for ATM 'periscope' skimmers

September 15, 2016

ATM operators in the United States now have a new kind of ATM fraud to worry about — "periscope skimming."

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Free guide offers ATM anti-skimming advice for C-store operators

August 25, 2016

Conexxus, a nonprofit serving the convenience store and petroleum-dispensing market, in cooperation with the National ATM Council, has developed the "ATM…

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Which nation ranks No. 1 in card fraud? (Hint: It's not the US)

August 10, 2016

A recent Aite Group study indicates that Mexico has become the top spot for card fraud with even greater numbers of victims there than in the United States…

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Drones: The next ATM security threat?

August 8, 2016

Would-be thieves apparently have come up with yet another way to steal the PINs of unwary ATM users. 

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Payments forum white paper highlights EMV chargeback practices

August 3, 2016

The U.S. Payments Forum, formerly the EMV Migration Forum, has released a white paper highlighting chargeback best practices.

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Cops seek crooks, cash after $2.6M ATM jackpotting in Taiwan

July 21, 2016

Authorities in Taiwan have been busy rounding up suspected criminals and stolen cash following an early-July jackpotting spree that netted $2.6 million in a…

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EAST finds use of ATM card reader internal skimmers on the rise

July 14, 2016

The European ATM Security Team has published its second European Fraud Update for 2016. The update is based on country crime updates provided by…

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