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Tag: Card Skimming

Fighting ATM Cash-Out Schemes

(Bank Info Security) A recent ATM cash-out scheme that netted $45 million puts a spotlight on the need for fraud prevention measures, says John Buzzard of FICO’s Card Alert Service. U.S. accounts are prime targets for these attacks because of outdated payment-card technology and ineffective transaction monitoring systems, Buzzard contends. The U.S. “is a playground…
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