Published on 27 March, 2013
|ATM related fraud losses continue to migrate away from EMW Chip liability shift areas
The European ATM Security Team (EAST) has just published its first European Fraud Update for 2013. This is based on country crime updates given by representatives of 21 countries in the Single Euro Payments Area (SEPA), and 2 non-SEPA countries, at the 29th EAST meeting held in Brussels on 6th February 2013.
Skimming at ATMs was reported by all but one of the countries, with increases reported by eight countries and decreases by four countries. A current trend is for cards to be skimmed at ATMs abroad (mainly in South America) while genuine cardholders are visiting the countries concerned. In some cases fake fascias are being placed onto genuine ATMs for the purposes of card and PIN compromise.
ATM related fraud losses continue to migrate away from EMV* Chip liability shift areas. From January to December 2012 such losses were reported in 54 countries and territories outside of the Single Euro Payments Area (SEPA) and in 17 countries within SEPA. The USA remains the top location for such losses, followed by the Dominican Republic, Brazil and Mexico. The usage of regional card blocking (card issuers blocking payment cards for usage outside of designated EMV Chip liability shift areas) continues to spread, with ten countries now reporting some form of geo-blocking.
Cash trapping incidents were reported by eighteen countries, with significant increases being reported by three of them. Usage of the cash claw for cash trapping is spreading and this device is also being used to assist with transaction reversal fraud.
Ram raids and ATM burglary were reported by nine countries. Seven countries reported explosive gas attacks, and this form of attack appears to be increasing across Europe.