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ATM Frauds
and
Solutions
ATM FRAUDS
In general ATM fraud can include any
deliberate 'criminal' technique which involves
the use of an ATM to obtain something of
value.
Attacks against ATMs may be classified as
ATM physical attacks and ATM fraud.
www.nationalcash.com
Growing
ATM
Threats
• More than 70 percent of financial
institutions experienced an increase in
ATM/debit card fraud claims in 2011
• The U.S. Secret Service reports $8.5B in
annual U.S. credit card fraud losses,
including ATM skimming.
• Ram raids are those threats when
criminals physically break out ATMs from
the wall at the institution.
• Criminals go through the financial
institution's telephone banking service to
change PIN numbers..
www.nationalcash.com
• Card Theft
• PIN Compromise
• Card Skimming
• Cash Trapping
• Transaction Reversal
• Deposit Fraud.
Types of ATM frauds
www.nationalcash.com
What is ATM Skimming
• ATM skimming Device card reader
which can be disguised to look like
a part of the machine. The card
reader saves the users' card
number and pin code, which is
then replicated into a counterfeit
copy for theft.
• It help criminials in
a) Knowing Account information
b) Pin compromise
• ATM card entry slot skimmers
have various shapes and sizes
www.nationalcash.com
How PIN is Compromised
• Its obtaining debit card information
by unauthorized individual.
• Shoulder surfing or using use of a
miniature camera.
• Video surveillance
• Hidden video camera
• Overhead cell phone camera
• Remotely positioned cameras
• PIN pad overlay
www.nationalcash.com
ATM System Attacks
• Criminal attempts to penetrate
ATM network, violate
confidentiality, integrity, and/or
authenticity of transaction data.
• Malicious software (i.e., viruses,
worms, Trojans, rootkits, etc.)
installed on ATM’s computer
systems
www.nationalcash.com
www.nationalcash.com
How to avoid ATM Frauds
• Fraud Prevetion
• Physical Protection
• System Security
• Intellegent Monitoring
• Consultancy
• Consumer Safety
www.nationalcash.com
Fraud Prevetnion
• Shield your hand when you enter in your PIN
• Ensure that no one is peeking or shoulder
surfing while you are entering PIN.
• Avoid using ATMs in isolated locations
• Always prefer ATM machines near Bank
Branch.
www.nationalcash.com
ATM Skimming
• Never follow a link in a bank email notice if
you find it suspicious. visit your banks
website and search for latest updates.
• Examine the ATM equipment carefully for
any skimming devices.
• Look for 'extra' cameras other than general
ATM security camera.
• Check the ATM card Slot properly before
using it.
www.nationalcash.com
NEVER EVER RELY
ON
UNKNOWN PERSON
www.nationalcash.com
• Use of Up-to-date Technology
• Security CCTV Cameras
• Alarm Clock
• Safe and locks
• Video monitors in junction with sensors.
• Ensuring Best Location for ATM
deployment.
.
Physical Protection of ATM for
Owners
• Very high security level
• Alarm System
• Branded and Top Quality
Machines
• Latest Software and
Technology
• Enhanced Card Reader Slots
Choose an ATM Service
Provider which gives
www.nationalcash.com
CONCLUSIONS
• Choose your ATM machines carefully
• Prefer ATMs near Bank
• Don´t let anyone distract or assist you
• Cancel your card immediately if it is lost
• Check the card slot carefully
• Ensure that there are no hidden cameras
Presented By :
370 Goddard
Irvine, CA 92618
Call : (949) 417-5000
Fax : (949) 417-5001
Email: info@nationalcash.com
Visit us at: www.nationalcash.com
THANK YOU

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ATM Frauds and Solutions

  • 2. ATM FRAUDS In general ATM fraud can include any deliberate 'criminal' technique which involves the use of an ATM to obtain something of value. Attacks against ATMs may be classified as ATM physical attacks and ATM fraud. www.nationalcash.com
  • 3. Growing ATM Threats • More than 70 percent of financial institutions experienced an increase in ATM/debit card fraud claims in 2011 • The U.S. Secret Service reports $8.5B in annual U.S. credit card fraud losses, including ATM skimming. • Ram raids are those threats when criminals physically break out ATMs from the wall at the institution. • Criminals go through the financial institution's telephone banking service to change PIN numbers.. www.nationalcash.com
  • 4. • Card Theft • PIN Compromise • Card Skimming • Cash Trapping • Transaction Reversal • Deposit Fraud. Types of ATM frauds www.nationalcash.com
  • 5. What is ATM Skimming • ATM skimming Device card reader which can be disguised to look like a part of the machine. The card reader saves the users' card number and pin code, which is then replicated into a counterfeit copy for theft. • It help criminials in a) Knowing Account information b) Pin compromise • ATM card entry slot skimmers have various shapes and sizes www.nationalcash.com
  • 6. How PIN is Compromised • Its obtaining debit card information by unauthorized individual. • Shoulder surfing or using use of a miniature camera. • Video surveillance • Hidden video camera • Overhead cell phone camera • Remotely positioned cameras • PIN pad overlay www.nationalcash.com
  • 7. ATM System Attacks • Criminal attempts to penetrate ATM network, violate confidentiality, integrity, and/or authenticity of transaction data. • Malicious software (i.e., viruses, worms, Trojans, rootkits, etc.) installed on ATM’s computer systems www.nationalcash.com
  • 9. How to avoid ATM Frauds • Fraud Prevetion • Physical Protection • System Security • Intellegent Monitoring • Consultancy • Consumer Safety www.nationalcash.com
  • 10. Fraud Prevetnion • Shield your hand when you enter in your PIN • Ensure that no one is peeking or shoulder surfing while you are entering PIN. • Avoid using ATMs in isolated locations • Always prefer ATM machines near Bank Branch. www.nationalcash.com
  • 11. ATM Skimming • Never follow a link in a bank email notice if you find it suspicious. visit your banks website and search for latest updates. • Examine the ATM equipment carefully for any skimming devices. • Look for 'extra' cameras other than general ATM security camera. • Check the ATM card Slot properly before using it. www.nationalcash.com
  • 12. NEVER EVER RELY ON UNKNOWN PERSON www.nationalcash.com
  • 13. • Use of Up-to-date Technology • Security CCTV Cameras • Alarm Clock • Safe and locks • Video monitors in junction with sensors. • Ensuring Best Location for ATM deployment. . Physical Protection of ATM for Owners
  • 14. • Very high security level • Alarm System • Branded and Top Quality Machines • Latest Software and Technology • Enhanced Card Reader Slots Choose an ATM Service Provider which gives www.nationalcash.com
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