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Follow on Google News |  East Publishes European Fraud Update 3-2012The European ATM Security Team (EAST) has just published its third European Fraud Update for 2012.
By: European ATM Security Team Skimming attacks at ATMs continues in all but four of the reporting countries, with decreases reported by five countries and increases by three countries. High quality skimming devices continue to be reported, with PIN compromise often from cameras hidden in moulded overlays or panels. Skimming attacks were also reported on unattended payment terminals at petrol stations, at parking ticket machines, at railway ticket machines and at retail payment (POS) terminals. The continued migration of fraud losses away from EMV* Chip liability shift areas continues. From January to September 2012 such losses were reported in 54 countries and territories outside of the Single Euro Payments Area (SEPA) and in 15 countries within SEPA. The USA remains the top location for such losses, followed by Mexico, the Dominican Republic and Brazil. Regional card blocking (card issuers blocking payment cards for usage outside of designated EMV Chip liability shift areas) continues, with eight countries now reporting some form of geo-blocking. Cash trapping incidents were reported by 15 countries and such attacks seem to be stabilising or falling in most countries. The most common method used by criminals continues to be a fork or claw device inserted into the cash dispense slot during a normal transaction. Ram raids and ATM burglary were reported by eight countries - in many cases these were unsuccessful although significant collateral damage occurs. The full Update is available to EAST Members and subscribers and details of how to join or subscribe to EAST can be found at https://www.european- *EMV (also known as ‘chip and PIN’) is an industry standard for Smart Cards and card readers, supported by the European Payments Council and the major payment schemes ENDS (Background data on the Fraud Update & EAST follow) EUROPEAN ATM FRAUD UPDATE 3-2012 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 national members, EAST associate members (including Law Enforcement officers), and EAST subscribers. The following countries supplied full or partial information for this Update: Belgium; Bulgaria; Canada; Finland; France; Germany; Ireland; Italy; Liechtenstein; 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 is a ‘non-profit’ 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. EAST members represent 29 countries with a total deployment of 625,776 ATMs. More information can be found at https://www.european- End
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