As mag stripe cards are giving way to EMV-protected alternatives, cybercriminals are on a final cash grab using some technologically improved ATM card skimmers. Skimmers, thus far, do not work on chip-based transactions — but only 45-50 percent of U.S. card transactions are done via...
BPI and BDO Unibank, two banks in the Philippines, said this week they have addressed issues that resulted in a 26-hour system shutdown at BPI and ATM comprises at BDO. According to a news report in Finextra, representatives from the banks told the Senate Committee on...
A new report from the European ATM Security Team (EAST) has provided updates about global fraud rates when it comes to ATM card skimming. And what that report proved is probably what those connected to the U.S. payments industry already know: ATM skimming is higher...
September 28, 2018
The U.S. Secret Service has sent out a warning about a difficult type of ATM skimming that could take days for criminals to set up. According to a non-public alert distributed to banks this week and shared with KrebsOnSecurity by another source, the Secret Service has received multiple reports about a form of skimming often called […]
September 18, 2017
As mag stripe cards are giving way to EMV-protected alternatives, cybercriminals are on a final cash grab using some technologically improved ATM card skimmers. Skimmers, thus far, do not work...
June 23, 2017
BPI and BDO Unibank, two banks in the Philippines, said this week they have addressed issues that resulted in a 26-hour system shutdown at BPI and ATM comprises at BDO....
March 08, 2016
A new report from the European ATM Security Team (EAST) has provided updates about global fraud rates when it comes to ATM card skimming. And what that report proved is...
