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

Motorola's Moto 360 smartwatch expected to be released in July

Moto 360, Motorola's upcoming entry into the smartwatch industry, is rumored to be preparing for a July release. more »

Choreographer from Unisys helps organisations better manage their Cloud resources

Unisys Corporation has announced Choreographer, a cloud management platform designed to direct and optimise key IT services and processes. Choreographer automates the lifecycle management of data centre and public infrastructure resources to help more efficiently deploy applications in both private and public cloud environments. more »

The world’s largest mobile technology exhibition “Mobile World Congress 2014” shall take place in Barcelona

This February 24-27, the world’s largest mobile technology exhibition “Mobile World Congress 2014” shall take place in Barcelona. more »

Unisys Announces Third-Quarter 2013 Financial Results

Unisys Corporation reported a third-quarter 2013 net loss of $11.6 million, or a loss of 26 cents per diluted share, which included $22.6 million of pension expense. In the third quarter of 2012, the company reported a net loss of $12.4 million, or a loss of 28 cents per diluted share, which included $28.9 million of pension expense and $23.1 million of debt reduction charges. more »

Akamai and Cisco Working Together to Optimize Application Delivery for Enterprise Branch Offices over Hybrid WAN

Akamai Technologies, Inc. (NASDAQ: AKAM), the leading provider of cloud services for delivering, optimizing and securing online content and business applications, today announced plans for future integration of Akamai Unified Performance technology into the Cisco® ISR-AX series of routers. more »

Xbox One to welcome indie games makters

Microsoft is to allow independent games developers to self-publish on its Xbox One games console. "Indies" will be able to create their own games, publish to the Xbox when they like, and set their own pricing, the computer giant has confirmed. more »

Nokia Lumia 625 packs 4G and 4.7-inch screen

Nokia has unveiled the Lumia 625, the largest Lumia Windows Phone yet, with a 4.7-inch screen and 4G. more »

Unisys to Offer Unisys Stealth Solution for Amazon Web Services

Unisys Corporation (NYSE: UIS) announced the availability of its Unisys Stealth Solution for Amazon Web Services (AWS) designed to enhance security for clients moving data into the cloud. more »

Open IPTV Forum publishes HTML5 profile for Connected TVs

The Open IPTV Forum (OIPF) has published a profile of HTML5, CSS, DOM3 and other related web technologies aimed at connected TV services and devices that implement a browser-based application environment. more »

Most Americans Worry about Data Breaches but Disagree about the Need for Private Companies to Notify Government about Cyber Attacks

According to new research conducted by Unisys Corporation (NYSE: UIS), a majority of Americans are concerned about data breaches involving large organizations, but are evenly mixed on whether legislation should require private businesses to share cyber attack information with the government. more »