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

IBM prepares Opteron workstation charge

IBM will bulk up its line of Opteron-based products later this year with the roll-out of a new workstation more »

Net Voice, Speech Stamped as Standards

After years as working implementations, the Voice XML 2.0 (VXML) and Speech Recognition Grammar Specifications (SRGS) won the World Wide Web Consortium's (W3C) seal of approval Tuesday more »

A New Ea of Wireless Services in Latvia

Nortel Networks Selected by Telekom Baltija to Deploy CDMA2000 1X 450 in Latvia; Network Planned to Offer Voice, High-Speed Data Services more »

Europe Considers Harsh Piracy Law

The European Parliament approved a controversial piracy law that would allow local police to raid the homes and offices of suspected intellectual-property pirates more »

search.lt news

search.lt presents newest links more »

Outdoor screens - not for the entertainment only

"Unicaster" – for advertising, announcements, presenting nightly life in Vilnius... more »

E-books for those who are afraid of time

Such editions as encyclopaedias, dictionaries, albums and geographical maps were issued on the CDs at first. Nowadays majority of the libraries, archives and museums is concerned of their funds’ security thus they are accumulating the copies of the books in the electronic libraries. more »

Warning: Blogs Can Be Infectious

The most-read webloggers aren't necessarily the ones with the most original ideas, say researchers at Hewlett-Packard Labs more »

Windows could lose Media Player in EU tangle

Removing the media player from Windows may help level the playing field for competitors more »

Macromedia looks to extend Flash technology

Company also readies Flex framework more »