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CU System
ATM Survey Skimming biggest threat
SIOUX FALLS, S.D. and LONDON (12/7/12)--Skimming remains the biggest global threat to ATM security, according to a survey released Thursday by the ATM Industry Association (ATMIA) this week.

The (ATMIA), the only global non-profit association for the ATM industry, announced the release of its second ATM fraud survey conducted among its members.

The second most cited threat was cash and card trapping, which is primarily a European problem which has not migrated to North America as yet, ATMIA said. Gas and explosive attacks were seen by the respondents as the third biggest threat, followed by ATM burglary and cyber attacks.

Respondents were asked if criminal attacks in general on ATMs in their country/region were

increasing or decreasing. About 14% said criminal attacks were increasing sharply. Another 33% said they were increasing moderately.

Also, 60% said costs to ATM businesses arising from ATM fraud were increasing sharply or moderately

About 93.7% stated that security best practices are either "essential" or "very important."

"The security of ATMs is undoubtedly world-class--but we need to stay vigilant to ward off new and emerging threats," said Mike Lee ATMIA CEO.

The association will study mobile apps fraud in the first quarter of 2013, Lee said.

To download the survey results, use the link.
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