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New type of ATM skimming attacks

ATMs in Europe have lately been hit with skimming attacks that are not only effective, but also rather brazen – the criminals have taken to reprogramming the …

Security concerns make 1 in 3 users avoid online banking

According to a survey by Avira, 1 in 3 people don’t use online banking because they’re concerned with safety and almost 50 percent are at least wary of online …

Customers vote against banks that don’t take security seriously

A report claiming to show that one in ten bank customers have moved banks owing to privacy and security concerns is a clear example of how banks need to start taking …

FBI warns businesses about corporate account take overs

The FBI has issued a fraud advisory to warn businesses about the various bank fraud scams currently employed. Created by financial institutions, industry trade associations, …

The rise of the insider threat

The bank insider threat is on the rise. Patrick Romain, head of solutions in Barclays Information Security Group, calls it a “power threat” – obviously …

Skimming attacks at European ATMs rise 24%

The latest European ATM Crime Report published by EAST (the European ATM Security Team), shows a 24% increase in card skimming attacks at European ATMs. 5,743 attacks were …

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