Archive for the ‘ATM machines’ Category

Cybercriminals phone it in

The mobile phone provides additional customer security for financial transactions. Either by voice or text, banks–in real time–may question account holders about large transfers of funds, potentially stopping fraud in process. While attending a recent public-private summit for the financial services industry, however, I heard of several ways that criminals are using the financial services’ [...]

May 18, 2010   Posted in: ATM PIN, ATM machines, call center fraud, security, skimming  No Comments

Coordinated ATM attack nets $9 million

Up to 130 ATM machines in 49 cities worldwide were used in a coordinated attack on RBS Worldpay, a global payments services company. Within a 30 minute period on November 8th, 2008, the company lost an estimated $9 million dollars due to fraudulent ATM transactions.
While the company first disclosed the loss in November, the ambitious [...]

February 4, 2009  Tags: , , , , , , ,   Posted in: ATM machines, Defense in Depth, RBS Worldpay, Robert Vamosi, cybercrime, data loss  Comments Closed

Scams top predictions for ID theft in 2009

Real estate scams and credit card scams will top the ways ID thieves will attempt to steal personal information in 2009, warned the ID Theft Resource Center (ITRC) on Tuesday in its annual predictions for the upcoming year.
The center’s Linda Foley said in a statement that as people find themselves strapped for cash and falling [...]

December 16, 2008   Posted in: ATM machines, Defense in Depth, ID Theft Resource Center, ID fraud, ITRC, Robert Vamosi, credit card scams, cybercrime, hacking, linda foley, real estate scams, security, skimming  No Comments