A woman who pleaded guilty to conspiracy to commit bank fraud for her role in an ATM skimming case that targeted more than 500 bank accounts has been sentenced. How much prison time did she receive?
A new survey from FS-ISAC and the ABA finds financial losses linked to ACH fraud are decreasing. What are banks doing differently, and what technology investments are reaping the most rewards?
Banks and credit unions say losses linked to card-skimming are a growing concern. Why are skimming attacks successful, and what can be done to thwart the threats?
Card skimming at ATM vestibule access doors is a source of increasing concern for financial institutions and law enforcement agencies. What new security measures should institutions take?
What security vulnerabilities are exposed by recent skimming attacks at eight Toronto hospitals? Fraud experts say there are lessons to be learned when placing ATMs outside traditional bank locations.
ATM skimming losses are down at European banks. But the low-tech scheme of cash trapping is on the rise. How should banking institutions respond to this latest fraud trend?
"What happens in Vegas got 19 people busted," says Robert Siciliano, a McAfee consultant and ID theft expert, on the latest busts. "The fight against card fraud is beginning to look like the war on drugs."
The compromise of bank cards at two banks in New Zealand has garnered attention to the growing ATM fraud trend. What are the banks and law enforcement doing to address the losses?
What do the latest international fraud arrests prove? "Organized crime isn't running, but they are definitely looking over their shoulders," says Robert Siciliano, a financial security expert.
Following the DBS Bank skimming attack, banking regulators now demand more protections for accountholders. What can be gleaned from the new security controls institutions have deployed?
In a U.S. ATM skimming case with ties to a Romanian crime ring, Ismail Sali confessed to bank fraud, conspiracy, access device fraud and aggravated identity theft. What sentence does he now face?
Detectives have arrested seven suspects and seek 13 more in an ATM skimming investigation involving hundreds of credit and debit cards compromised in parts of Canada, the U.S., Australia and Indonesia.
The FBI says Bulgarian fraudster Dimitar Dimitrov led ATM skimming rings that ranged from New York to Las Vegas, and now a federal judge has sentenced him to prison. Is the sentence appropriate?
When Canadian police raided the homes of 12 suspects, they found stunning evidence of a major payment card skimming scheme involving ATMs and pay-at-the-pump gasoline terminals in Greater Toronto.
Chuck Groat, VP of bankcard risk management at Zions Bank, says his department has spent the New Year just trying to keep up with compromises - including the latest pay-at-the-pump attacks.
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