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Skimming / Fraud News

New info emerges in JPMorgan Chase data breach

October 3, 2014

To crack the accountholder database, hackers cross-referenced a list of programs running on the FI's computers with a record of their known vulnerabilities.

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Authorities take out Bulgarian ATM skimming network

October 1, 2014

Officers found 3D printing equipment to produce fake plastic card slot bezels and confiscated dozens of forged payment cards with records of PIN numbers, ready…

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'Until death do us part'? Possibly, where PINs are concerned

October 1, 2014

A new study has found that a British couple's four-digit ATM codes could be more durable than their wedding vows.

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Kuala Lumpur cops suspect insiders in ATM hacking that nets nearly $1M

October 1, 2014

The ATMs were infected with Backdoor.Padpin malware, a Trojan introduced via the machine's CD-ROM drive.

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Home Depot breach reportedly generating card fraud

September 25, 2014

Banks aren't confirming it and Home Depot insists that no PIN data was taken, but sources say bank accounts have been compromised.

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PCI SSC issues bulletin on 'Backoff' malware threat

August 27, 2014

Though Backoff is known only to have infected POS systems, the program logs PINs from debit card transactions that can be paired with track data for use at…

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UAE banks block debit cards in response to ATM compromise

August 27, 2014

After banks in the region experienced multimillion-dollar losses in a $45 million global bank heist that came to light last year, the UAE Central Bank is…

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Any idiot with a 3D printer can make a fake front for an ATM skimmer

August 22, 2014

However Hamid P, whom the police arrested this week in France for running a skimming operation, was no run-of-the-mill idiot.

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What can 'Brown' do for data theft victims?

August 21, 2014

The UPS Store has notified customers of a potential data compromise occurring at 51 franchised locations between Jan. 20 and Aug. 11.

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Kaspersky study finds consumers nonchalant about data security

August 18, 2014

When it comes to protecting their personal and financial information online, consumers just might be their own worst enemy.

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Supervalu the latest brand to report data breach

August 15, 2014

The company doesn't specify that PIN numbers were stolen, but refers to 'other numerical information' in the announcement that its POS system was compromised.

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Indictment of Russian for card data theft 'a serious warning to cybercriminals'

August 14, 2014

Among other crimes, Roman Valerevich Seleznev is charged with operating carding forums — websites where criminals gather to sell stolen credit card numbers.

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Check fraud solution detects suspicious activity using cross-channel analytics

August 7, 2014

Detection capabilities are based on the solution's integration with core systems, check processing systems, and even ATM image archives.

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New program assists acquirers, ISOs with data incident management

August 6, 2014

Conformance Technologies' Data Incident Management Program assists with forensics, equipment replacement, legal fees, and legal and consumer notifications.

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Target takes a Q2 hit of $148M in costs from data breach

August 5, 2014

The figure includes estimated probable losses for what the company believes to be 'the vast majority of actual and potential breach-related claims,' including…

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Kaspersky report shows growing threat from hacking attacks on FIs

August 4, 2014

Growing interest in 'big money' is reflected in a sharp rise in the number of banking Trojans over the last year. Most of these ultimately involve an ATM…

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European card fraud reaches new highs

August 4, 2014

FICO's latest European card fraud map shows losses from 2006–2013 for 19 countries, and across five categories, including counterfeit fraud, stolen card, and…

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Europol raid against skimming, cybercrime gang nets 65 suspects

July 29, 2014

The network took in an estimated $2.7 million from criminal operations that ranged from illegal financial transactions to drug trafficking.

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Coming our way: A new kind of ATM skimmer

July 10, 2014

In the synopsis of its latest report, the European ATM Security Team referred to a "new mini skimmer" found in Europe for the first time.

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Europol takes action against Shylock banking malware

July 10, 2014

The seizure of servers and domains used by the account-emptying Trojan left it substantially disabled, but not quite dead: It still poses a threat to customers…

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