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Visa on How to Foil Cash-Out Schemes

Visa recently warned card issuers to be on the lookout for an upswing in ATM cash-out schemes. Visa’s executive says sloppy network security and gaps in Payment Card Industry Data Security Standard compliance are to blame. The best solution is to address the vulnerabilities that allow attackers to access the card numbers and PINs in the first place, he says. In the 2008 global $9 million heist that hit 2,100 ATMs in November 2008, usually trace back to a payments processor breach, experts say.”]

Source: https://www.bankinfosecurity.com/visa-on-how-to-foil-cash-out-schemes-a-5471

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