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Diebolds skimming technology receives banker tech award
NORTH CANTON, Ohio (6/18/08)--ATM manufacturer Diebold received the Banker Technology Awards 2008 Retail Award for Delivery Channel Security for its skimming detection technology. The technology detects the presence of skimming devices to help prevent ATM fraud and the loss of millions of dollars each year for financial institutions. The feature is included in every new Diebold Opteva motorized card reader at no charge. Diebold is a CUNA Strategic Services provider. The average industry cost for similar technology is between $1,200 and $1,500 per unit, Diebold said. Skimming can account for as much as 99% of ATM attacks in geographic areas, Diebold added. “In addition to the industry’s growing fraud concern, the No. 1 concern among financial institutions’ customers is the theft of personal financial information--surpassing terrorism, job security and natural disasters,” said Charles E. Ducey Jr., Diebold senior vice president of global development and services.
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