ATMs Hit by Cash Trappers
October 20, 2011
Total Loss:
Unknown
Cash trapping at ATMs is on the rise in Europe and should put all banking institutions on notice about the latest low-tech scam.
According to the European ATM Security team, ATM fraud incidents jumped 69 percent during the first half of 2011, relative to the first six months of 2010. The primary fraud driver: a surge in ATM cash-trapping in 11 of the 23 European states EAST reviews.
Source:
Bank Info Security
Posted in:
Debit Card Fraud