Banking Insights

February 07, 2024  |  by Marcia Hirata

Attacks on ATMs don’t always have to be flashy. Many are invisible. Often these are just as big or even bigger threats. ATM hard disks can be a target of such attacks as they store valuable information that could be misused if criminals get their hand on it, or they can tamper with the hard disk itself to install malware. The risks are considerable if your hard disk is not encrypted.

November 06, 2023  |  by Norbert Knievel

Cash, customer and financial data are some of the favored targets of ATM attacks and they employ different tactics like physical, data, or cyber-attacks to get access. Since ATM attacks come from different directions, it is key to protect the ATM from all angles.

June 26, 2023  |  by Bernd Redecker

Last year was one of the busiest on record for cyberattacks. In this blog we explore current security trends within the financial services industry and how taking a proactive approach is the only way to stay one step ahead.

December 19, 2022  |  by Marcelo Castro

In many situations, card readers offer only a basic level of security against skimming attacks instead of securing the transaction on several layers should one fail. In this blog, we look at the different attack scenarios and how FIs can detect and prevent them.

September 06, 2022  |  by B. Scott Harroff

For all ATM attack types, the key is a comprehensive multi-layer strategy to ward against possible attack scenarios. However, cybersecurity is not one size fits all, and a careful assessment of the risk landscape should create the base for any security strategy.

August 30, 2022  |  by Diebold Nixdorf

Jackpotting at the ATM is a global problem. To combat this type of attack, the CEN/XFS committee will publish a new security standard later this year called End-to-End (E2E) Cash Authentication. We talked to three security experts to find out what we might expect from this new standard.

May 02, 2022  |  by B. Scott Harroff

In this blog, we take a closer look at data attacks and effective methods to prevent them. While financial losses for banks may not be an immediate issue here, the risk is still large as the damage to the brand can be significant.

November 02, 2021  |  by Himanshu Tiwari

Security approaches to meet today’s demands are not black and white anymore. Institutions must take aggressive measures to prevent any form of attack and maintain consumer trust. Network operators simply cannot let their guard down on any front—so how can they effectively manage attacks coming from every angle?

October 19, 2021  |  by Marcelo Castro

FIs around the globe are taking measures to combat skimming and the race to prevent fraud is never-ending. Anti-skimming technology remains an essential asset to protect consumers and their data from fraud while simultaneously preserving their trust in their bank. See how our ActivEdge card reader has proven to be a game-changer to defeat all known skimmers.

November 09, 2020  |  by B. Scott Harroff

While fraud comes in all shapes and sizes, during the pandemic, criminals switched up some of their tactics. With stay-at-home orders and travel restrictions in effect in-person, ATM attacks actually dropped. In contrast, online, cyber-based attacks increased. As we see economies reopen, stay-at-home orders expire, and travel restrictions lift, in-person fraud is beginning its uptick once again. And that means you need to be armed with the best possible protections.