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

search.lt news

search.lt presents newest links more »

Japan passes info-tech law to create e-nation

Japan has moved a step closer to Prime Minister Yoshiro Mori's goal of creating an e-nation when parliament approved a bill adopting the Information Technology (IT) revolution as a national goal. more »

The Problems with Online Media in Lithuania

New type of media came to Lithuania. Now it is rather controversial and there are a lot of legal and moral problems to be discussed. more »

search.lt news

search.lt presents newest links more »

Intellectual property rights high on Baltic agenda

Latvian, Lithuanian and Estonian senior government officials, judges and intellectual property specialists gathered in Riga last week more »

Vote-Auction.com Back Online

A Web site offering citizens a chance to auction their vote to the highest bidder is back online today using a pure Internet protocol (IP) address. more »

Philippines Tech Industry Looks To Life After 'Love Bug'

International attention was inadvertently focused on Manila's software community earlier this year when the most damaging computer virus ever released crippled computers worldwide. more »

Ericsson to start developing 3G mobile networks in Estonia

Ericsson's Estonian operation Wednesday launched a unit for third generation mobile network planning that will be designing new networks primarily for the international market. more »

RealNetworks, Sony update audio software

Web media streaming giant RealNetworks has teamed with Sony to introduce a new version of its RealAudio technology, which allows sound to be broadcast via the Internet. more »

3Com lets Audrey out the door

3Com lifted the curtain Tuesday on Audrey, a countertop appliance designed to give gadget-happy families a quick way to surf the Web and shoot off email. more »