European Payments Council issues report about ATM anti-skimming, security tips

Published: 8 January 2009 y., Thursday

 

The European Payments Council on Dec. 30 published a list of recommendations regarding anti-skimming measures for ATMs within the Single Euro Payments Area, The Paypers reported this week. The council is the decision-making and coordination body of the European banking industry in relation to payments.
 
According to the council's report, ATM-skimming fraud, which involves illicitly copying ATM card information stored on magnetic stripes, is increasing in Europe. Despite the rollout of the Europay, MasterCard, Visa standard, also known as EMV, additional anti-skimming solutions are being used and deployed by individual ATM operators throughout Europe.
 
The report includes five recommendations for anti-skimming that ATM operators and schemes within SEPA can use.
 
The recommendations outline a series of minimum standards for anti-skimming measures, such as design of the entrance of the ATM card readers that prevents the attachment of skimming devices; measures for the identification, jamming or disturbing of skimming devices already attached to an ATMs; and remote electronic anti-skimming procedures that alert ATM operators when an ATM is tampered with.
 
Additionally, the report recommends ATM operators install privacy shields to hide customers' hands as they input PINs and display warnings about skimming devices and available incident report channels on or near the ATMs themselves.
 
The council also recommends fitting new ATMs that are to be installed in high-risk locations with anti-skimming devices as standard features. Anti-skimming devices should also be installed on ATMs that have been previously targeted and compromised by criminals.

Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The Slovak electronic vignette brought a significant increase in the revenues from collection for the government

The electronic vignette system in the Slovak Republic has become unique in the world thanks to the speed of implementation and increase in the revenues from the collection carried out by SkyToll a.s. on behalf of the Slovak government. more »

Unisys Names Perla Do Amral as New Managed Services Executive in Latin America

Unisys has promoted Perla Do Amral to a key leadership role, becoming director of service desk operations for the U.S.-based IT company’s managed services centers in Latin America. more »

Microsoft names a new Corporate Vice President for Latin America

Cesar Cernuda is a Microsoft veteran of 19 years, and has served in several senior leadership positions for Microsoft Business Solutions, including overseeing Microsoft’s ERP and CRM business worldwide. more »

Unisys Wins Contract to Provide IT Support for NASA Langley Flight Simulations

Unisys received a contract from NASA Langley Research Center (LaRC) to continue to deliver advanced hardware, software, and systems integration for flight simulation projects at the agency. more »

Unisys Announces Third-Quarter 2015 Financial Results

Unisys Corporation reported third quarter 2015 results. more »

IBC 2015 will introduce the novelties in the electronic media and entertainment industry

On the 10th–15th, this September, RAI Exhibition and Congress Centre in Amsterdam will hold the 48th international exhibition-conference dedicated to electronic media and entertainment industry IBC 2015. more »

Unisys Helps Customs and Border Protection Test Facial Recognition System at Dulles Airport

Unisys Corporation announced the completion of the initial phase of testing of a facial recognition system at Dulles International Airport, Virginia, to help Customs and Border Protection (CBP) to identify imposters attempting to enter the United States using passports that are fraudulent or do not belong to them. more »

Past and Future of Television: from Mechanical to IPTV

Television was invented back in 1884, when German Paul Gottlieb Nipkow came up with the idea to scan images using a rotating metal disc with a spiral pattern of holes in it. When the disc was spinning, each hole would scan one brightly lit line of the image. more »

SuperCom Reports Organic Year-over-Year Growth of 45% in Revenue and 76% in EBITDA for the First Quarter of 2015

SuperCom, a leading provider of secure solutions for e-Government, Public Safety, HealthCare, and Finance sectors, announced its results for the quarter ended March 31, 2015. more »

Unisys Corporation Names Tom Patterson to Lead Global Security Solutions Business

Unisys Corporation today announced that Tom Patterson has joined the company as vice president for global security solutions, responsible for leading Unisys' security solutions business worldwide. more »