Tuesday, July 30, 2019View Showroom
London- UK, Sioux Falls, USA – ATMIA’s ATM Security Association (ASA) today published the 2019 Global Fraud and Security Survey, one of the most comprehensive security reports in the ATM industry.
The percentage of respondents reporting a general increase in ATM crime rose slightly from 54% in 2017 to 58% this year, the report found. Specific types of threats are covered in the study, including ATM skimming, PIN compromise, deposit-related fraud, cash trapping, dispenser jackpotting, transaction reversal fraud, card trapping, eavesdropping, card data malware, shimming chip card data, network packet sniffing, as well as remote and other network compromise for card data.
“I’d like to thank Douglas Russell of DFR Risk Management for a professional analysis of the 2019 fraud industry survey,” Mike Lee, CEO of ATMIA and President of ASA. “The results enable us to detect year-on-year changes to trends in ATM attacks so that we can adjust our security strategies, solutions and best practices for more effective countermeasures and greater protection of our industry’s assets.”
Members of ATMIA receive a free Executive Summary but those wishing to access the full report should consider becoming ASA subscribers. This will also give you access to the new Theoretical Risk Register which assesses the risks of types of attack happening in other channels and other sectors migrating to the ATM channel in the near future. In addition you will be entitled to download the full range of international security best practices for end-to-end protection of the ATM.
About the ATM Security Association for Enhanced Technology
The ATM Security Association for Enhanced Technology is a non-profit association dedicated to improving ATM security. Its aim is to compile information on recognized and potential attack scenarios on ATMs and share that information with specific industry groups to rapidly develop and implement counter-measures at a global level. The main purpose of the ATM Security Association is to create a global network throughout the ATM provider chain enhancing security including all involved parties like Global ATM manufacturers, Suppliers, Financial Institutions, Service Providers and IADs. One of the primary goals of the ATM Security Association is the creation of security standards focused on the deployers’ self-service channel. The focus of the association will be on both hardware and software-related threats, physical and logical attacks. The target is to consider the total environment of the ATM that can have a direct impact on secure usage and operations. For more information, please visit atmsecurityassociation.com.
ATMIA is the leading non-profit trade association representing the entire global ATM industry. ATMIA serves more than 10,000 members from over 650 participating companies in over 70 countries spanning the whole ATM ecosphere, including financial institutions, independent ATM deployers, equipment manufacturers, processors and a plethora of ATM service and value-added solution providers. ATMIA provides education, advocacy and connections to help its members keep abreast of industry news and developments; increase knowledge and professionalism; improve operational efficiencies; understand and influence regulatory processes; participate in the local, regional and global ATM community; and forge new relationships to advance their businesses. Founded in 1997, ATMIA has active chapters in the United States, Canada, Europe, Latin America, Asia-Pacific, Asia, Africa, India and the Middle East focusing on the unique needs and issues of each region. For more information, please visit atmia.com.