Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Please note this sub-forum does not provide professional finance advice. You should seek advice from a licensed financial advisor.

To post in this sub-forum you must have made 100 posts or have Trust status or have completed our ID Verification.

If investing please consider our affiliate link for new accounts: Sharesies.



nate

6473 posts

Uber Geek
+1 received by user: 458

Retired Mod
Trusted
Lifetime subscriber

#28966 17-Dec-2008 15:05
Send private message

Hundreds hit in ATM scam

The incident happened despite the Ward St ATM being fitted with the new green sleeve technology designed to protect customers from skimming.


Good work there guys!

Create new topic
sbiddle
30853 posts

Uber Geek
+1 received by user: 9996

Retired Mod
Trusted
Biddle Corp
Lifetime subscriber

  #184786 17-Dec-2008 15:22
Send private message

Those "anti-skimming" devices were nothing but a joke.

Ask anybody at a BNZ or National branch or call centre what the most commonly asked question was in the months after their introduction. They were flooded with customers complaining there was a skimming device on the ATM, all because the banks and media had told everybody to be wary of things attached to the ATM's and people presumsed these devices were dodgy!

The skimmers simply attach their hardware over the front, when you have European gangs who are probably better financed than the security sections of NZ banks it's not hard to see that they will always be a step ahead.

You only need to read what's been happening in Europe recently to realise how sophisticated they are - it's hardly surprising they are all coming to NZ since our brank security is very very lax and this years EMV upgrade was a long way behind the times. PIN numbers on all credit cards should have been compulsary for years, not an optional extra.. but even then due to the flawed implimentation in most terminals even chip & PIN has been compromised since there is no encryption between the keypads and terminals which has caused significant security headaches for UK retailers since chip & PIN became compulsary.



zocster
1994 posts

Uber Geek
+1 received by user: 105

ID Verified
Trusted
Lifetime subscriber

  #184791 17-Dec-2008 15:57
Send private message

Surprised though with eftpos, many accept credit cards and other forms of payments (internet banking etc) how many still goes out to ATMs to withdraw cash.

juha
1317 posts

Uber Geek
+1 received by user: 7

Trusted

  #184792 17-Dec-2008 16:00
Send private message

From Stuff story: A Waikato police spokesman said they were yet to receive any official complaints about the incident but reinforced the bank's stance on self-security.


Surprised







honem
194 posts

Master Geek

Trusted

  #184835 17-Dec-2008 18:50
Send private message




==================================
- Hone , Often accused of Excess Verbosity
==================================

Create new topic








Geekzone Live »

Try automatic live updates from Geekzone directly in your browser, without refreshing the page, with Geekzone Live now.



Are you subscribed to our RSS feed? You can download the latest headlines and summaries from our stories directly to your computer or smartphone by using a feed reader.