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EAST Publishes European ATM Fraud Update - EAST (the European ATM Security Team) has just published its first European Fraud Update for 2010
EAST Publishes European ATM Fraud Update

 

PRZOOM - /newswire/ - Edinburgh, United Kingdom, 2010/03/08 - EAST (the European ATM Security Team) has just published its first European Fraud Update for 2010.

   
 
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This is based on country crime updates given by representatives of 19 European countries at the 20th EAST meeting held at Groupement des Cartes Bancaires (CB) in Paris on 10th February 2010.

Skimming at ATMs remains an issue, with repeat attacks at single ATM locations noted. Attacks at bank lobby door swipe locations are still being reported. Skimming related losses outside the EMV area remain significant, with fraudulent withdrawals also taking place within the EMV area due to the usage of ’mag stripe only’ cards from non EMV card issuers, or because some EMV card issuers authorize ‘mag stripe fall back’ transactions. Decreases have been reported in skimming at other payment terminal locations. Some visible anti-skimming devices continue to be overruled by criminals, and the first case of an invisible device being over-ruled has also been reported.

A new type of card trapping device has been reported, although most such devices remain fairly unsophisticated and cash trapping incidents using the ‘mouse trap’ device were reported by four countries.

One country reported an increase in ram raids, and another noted that the deployment of banknote ink staining devices had helped to reduce such attacks. Four countries reported robberies involving staff engaged in the transport and replenishment of cash at ATMs, and one of them noted that such attacks are becoming increasingly violent.

Losses from hacking or from data breaches at processors or merchants continue to be reported.

The full Update is available to EAST subscribers and details of how to subscribe to EAST can be found at european-atm-security.eu/.

(Background data on the report & EAST follow)
For further information please contact the EAST Co-ordinator, Lachlan Gunn: E: coordinator[.]eas-team.eu - T: +44 131 5100268 or visit the website.

EUROPEAN ATM FRAUD UPDATE 1-2010
The above release is based on a European Fraud Update prepared three times a year by EAST, based on country crime updates given at its meetings. These Updates are prepared by EAST to provide interested parties with an overview of the European ATM crime situation. They are produced for EAST members, law enforcement officers and other EAST Associates, and EAST subscribers. The following countries supplied full or partial information for this Update:

Austria; Belgium; Cyprus; Finland; France; Germany; Hungary; Ireland; Italy; Liechtenstein; the Netherlands; Norway; Poland; Portugal; Russia; Spain; Sweden; Switzerland; the United Kingdom.

EAST has taken reasonable measures to develop this Update in a fair, reasonable, open, and objective manner. However, EAST makes no claims, promises, or guarantees about the completeness of the Update. In addition, as the information in the Update has been passed to EAST by other parties, errors or mistakes may exist or be discovered. Neither EAST nor its members, authors, or agents shall be liable for any loss, damage, or claim with respect to any such information being provided. All such liabilities, including direct, special, indirect, or consequential damages, are expressly disclaimed and excluded.

About EAST
Founded in 2004, EAST (european-atm-security.eu) is a ‘not-for-profit’ organisation whose members are committed to gathering information from, and disseminating EAST reports to ATM deployers and networks within their countries/regions. While the main focus of EAST is on ATMs, the group also focuses on all payment terminals that have a direct impact on crime perpetrated at ATM locations.

Our mission is to gather and provide information to the European ATM industry and to facilitate effective representation of ATM related security issues at relevant European central institutions, through a pan-European co-ordination of ATM security resources.

EAST has set up a framework network structure to improve co-operation with industry, law enforcement, and in particular Europol, in order to achieve awareness and better results in the fight against organised cross-border crime. Regular research polls are conducted through the EAST website.

 
 
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EAST Publishes European ATM Fraud Update

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Contact: Lachlan Gunn - BenAlpin.com 
+44(0)13 1510 0268 info[.]eas-team.eu
 
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