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Skimming / Fraud News

TMD rolls out long-bezel skimmer defense for NCR SelfServ ATMs

July 6, 2016

TMD Security, a provider of anti-skimming solutions for ATMs and self-service terminals, has rolled out a new defense against long-bezel skimmers, which…

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IAD survey finds low incidence of card compromise at nonbank ATMs

June 21, 2016

The National ATM Council has formally published the results of its study of skimming at nonbank ATMs. According to a NAC press release, of the U.S.-based…

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New study hangs price tag of nearly $11B on US card fraud

June 9, 2016

LexisNexis Risk Solutions has published a new study, "Issuers Confront Application Fraud and Account Takeover in a Post-EMV U.S.," that assigns a dollar value…

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New research tracks rapid rise of ID theft, fraud

June 9, 2016

More than half of internet households have experienced fraud or identity theft. Of these, 3 in 10 say that stolen information was used for unauthorized…

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Software integration streamlines predictive analytics updates

June 2, 2016

Fiserv Inc., a provider of financial services technology solutions, has announced that it will integrate the ADAPA solution from Zementis Inc. into…

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Study predicts major rise, fall in US counterfeit card fraud through 2020

May 25, 2016

Aite has published a new study that tracks a massive and rapid increase in card fraud in the U.S. as the nation's POS and ATM systems make the transition to…

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Japanese ATM heist: 100 money mules; 120 minutes; $12.7 million

May 23, 2016

Eight days ago, approximately 100 thieves bearing a combined total of 1,600 counterfeit bankcards emptied some 1,400 ATMs across Japan in a coordinated and…

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ATM as bad actor: Gang enlists machine's help in skimming ops

May 19, 2016

Kaspersky Lab has released information about a Russian-speaking "Skimer" group that forces ATMs to assist them in stealing users' money. Instead of installing…

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Europe, Latin America partner to combat card fraud, ATM attacks

May 9, 2016

The European ATM Security Team has joined with the Latin American Association of Operators Electronic Funds Transfer and Information Services to combat…

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Revised best practices guide counters ATM skimming scourge

May 4, 2016

The ATM Industry Association has published an updated manual of best practices for the prevention of skimming and card data compromise at ATMs.

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Report examines growing threat from ATM malware

April 25, 2016

The Europol European Cybercrime Center and Trend Micro have announced their latest joint report, "ATM Malware on the Rise." The document offers an overview of…

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Report: Cybercriminals organizing, functioning like legitimate businesses

April 22, 2016

Trustwave has issued its "2016 Trustwave Global Security Report," which details the top cybercrime, data breach and security threat trends from 2015.

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FIs unseated as top targets of cybercrime

April 21, 2016

The retail sector claimed the unenviable No. 1 position on the list, experiencing almost three times as many attacks as the financial sector last year.

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US migration to EMV drives CNP fraud to alarming high

April 21, 2016

Forter, a provider of fraud prevention systems, has released the latest edition of its Global Fraud Attack Index. The publication reflects the full range of…

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FICO: ATM compromises rocket to all-time high in 2015

April 8, 2016

The company says that criminals are attacking terminals over shorter periods of time as a way to avoid detection, and that nonbank ATMs have been hit…

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Study turns up lackluster stats on EMV in the US

March 28, 2016

A study by CardHub finds that more than half of consumers do not understand the difference between card security standards and don't care whether a retailer's…

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Enhanced card protection kit curtails new skimming threat

February 15, 2016

TMD Security says that the CPK 6001 version 2016 for NCR ATMs protects against 'second generation' stereo skimming — without the need to take the ATM offline.

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NCR raises alarm over ATM network cable skimming

February 10, 2016

The company says it has received 'reliable reports' of attacks on ATMs using external devices plugged into the network cables, but says they're easily…

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Turkish court imposes 334-year sentence on credit card hacker

January 12, 2016

Online scammer Onur Kopek — already behind bars for 135 years — was recently handed a tack-on sentence of 199 years for selling 11 credit card records to other…

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Tyupkin takedown: European authorities crack ATM malware ring

January 7, 2016

A coordinated multinational operation netted eight suspects whose ATM jackpotting scheme is said to have resulted in 'substantial losses' across Europe.

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