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ATM Fraud Arrests: A Red Flag for Merchants

U.S. arrests of seven men tied to ATM skimming operation linked to ATMs at retailers, including hotels and gas stations. Off-premises ATMs are attractive to fraudsters because they aren’t closely monitored or inspected. Skimming devices can go undetected for extended periods, experts say. Retail ATMs often aren’t inspected as often as bank ATMs in bank branches, they’re rarely equipped with anti-skimming detection devices or solutions, expert says. Skimmers are expected to become more common as the point of the ATM migration is ramping up.”]

Source: https://www.cuinfosecurity.com/atm-fraud-arrests-red-flag-for-merchants-a-8847

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