White Papers

White Papers

ATM Skimming and Card Compromise – Modi-Operandi and Countermeasures (Version 2)

Publication date: October 10, 2016

The global cost of ATM skimming is estimated to be over $2 billion annually and continues to rise. According to the European ATM Security Team (EAST), skimming represents 22 percent of the total number of reported ATM fraud incidents and 97 percent of all ATM fraud losses.

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