Security Affairs
Dark Caracal Deploys New Go Malware With Ethereum-Based C2 Fallback|Australian Police Charge Two Over TeamPCP Credential Theft|Meta to Pay Up to $18B Over Teen Social Media Use|CISA Warns Water Utilities: Find Your Exposed PLCs Before Attackers Do|OpenAI banned Russian ChatGPT accounts backing covert influence operation|CISA Red Team Fully Compromised Two Critical Infrastructure Orgs|FBI Seizes China-Linked Hacking Platforms QScan and QTRouter Used Against Critical Infrastructure|U.S. CISA adds Gitea flaw to its Known Exploited Vulnerabilities catalog|88 ID Verification Breaches Show the Cost of Collecting Identity Data|WhatsApp Adds Stronger Security as Passkeys Hit 1 Billion|Operation Jackal: 58 Arrests Expose the Money Laundering Machine Behind Global Scams|Norway ’s Digital Government Infrastructure Hit by a new DDoS Attack|Dark Caracal Deploys New Go Malware With Ethereum-Based C2 Fallback|Australian Police Charge Two Over TeamPCP Credential Theft|Meta to Pay Up to $18B Over Teen Social Media Use|CISA Warns Water Utilities: Find Your Exposed PLCs Before Attackers Do|OpenAI banned Russian ChatGPT accounts backing covert influence operation|CISA Red Team Fully Compromised Two Critical Infrastructure Orgs|FBI Seizes China-Linked Hacking Platforms QScan and QTRouter Used Against Critical Infrastructure|U.S. CISA adds Gitea flaw to its Known Exploited Vulnerabilities catalog|88 ID Verification Breaches Show the Cost of Collecting Identity Data|WhatsApp Adds Stronger Security as Passkeys Hit 1 Billion|Operation Jackal: 58 Arrests Expose the Money Laundering Machine Behind Global Scams|Norway ’s Digital Government Infrastructure Hit by a new DDoS Attack|
Advertisement

Ad Placeholder

Full Width × 90

Breaking News

FICO reports a 39 Percent Rise in Debit Cards Compromised in US

The analytic software firm FICO Reports a 39 Percent Rise in Debit Cards Compromised at ATMs and Merchants in the United States. According to a report published by the analytic software firm FICO, US Debit Cards compromised raise up to 39% in the first six months of 2017 compared to the same timeframe one year prior. […]

Slim CD

The analytic software firm FICO Reports a 39 Percent Rise in Debit Cards Compromised at ATMs and Merchants in the United States.

According to a report published by the analytic software firm FICO, US Debit Cards compromised raise up to 39% in the first six months of 2017 compared to the same timeframe one year prior.

In the same period, FICO reported an increase in the number of ATMs and point-of-sale devices (+21%) in the US.

One year ago, FICO reported a 30 percent increase in compromised devices for 2016, compared to 2015, and a 70 percent rise in cards compromised for that period. These figures are related to payment card fraud occurring at physical devices, not online card fraud.

Cards Compromised

FICO’s Card Alert Service monitors hundreds of thousands of ATMs and card readers in the US it confirms the rate of fraud pattern changes has accelerated in the last 24 months.

FICO helps financial institutions in identifying fraud patterns and trends and take necessary actions to halt card fraud.

“The rate of fraud pattern changes has accelerated in the last 24 months, requiring us to continuously adapt our predictive analytics to stay on top of this criminal behavior,” said TJ Horan, vice president and heads of FICO’s fraud solutions. “We have introduced new AI technology into our FICO Falcon Fraud Manager platform, which protects most of the payment cards in the U.S.”

Below the list of recommendations provided by FICO:

  • If an ATM looks odd, or your card doesn’t enter the machine smoothly, consider going somewhere else for your cash.
  • Never approach an ATM if anyone is lingering nearby. Never engage in conversations with others around an ATM. Remain in your automobile until other ATM users have left the ATM.
  • If your plastic card is captured inside of an ATM, call your card issuer immediately to report it. Sometimes you may think that your card was captured by the ATM when in reality it was later retrieved by a criminal who staged its capture. Either way, you will need to arrange for a replacement card as soon as possible.
  • Ask your card issuer for a new card number if you suspect that your payment card may have been compromised at a merchant, restaurant or ATM. It’s important to change both your card number and your PIN whenever you experience a potential theft of your personal information.
  • Check your card transactions frequently, using online banking and your monthly statement.
  • Ask your card provider if they offer account alert technology that will deliver SMS text communications or emails to you in the event that fraudulent activity is suspected on your payment card.
  • Update your address and cell phone information for every card you have, so that you can be reached if there is ever a critical situation that requires your immediate attention.
[adrotate banner=”9″] [adrotate banner=”12″]

Pierluigi Paganini

(Security Affairs – FICO, card compromised)

[adrotate banner=”5″]

[adrotate banner=”13″]

Tags

ATMbankingcard compromisesFICOfrauds

More Stories>

Dark Caracal Deploys New Go Malware With Ethereum-Based C2 FallbackAPT

Dark Caracal Deploys New Go Malware With Ethereum-Based C2 Fallback

Australian Police Charge Two Over TeamPCP Credential TheftBreaking News

Australian Police Charge Two Over TeamPCP Credential Theft

Meta to Pay Up to $18B Over Teen Social Media UseBreaking News

Meta to Pay Up to $18B Over Teen Social Media Use

Security>

Hacking>

Malware>