Advancing its 150-year legacy of leadership in the financial
and self-service and security industries, Diebold, Incorporated (NYSE: DBD) has
introduced a comprehensive portfolio of skimming-protection solutions that help
financial institutions mitigate card skimming, one of the largest threats
against the automated teller machine (ATM) channel worldwide.
Designed to provide effective countermeasures against known skimming attack
vectors, Diebold's ATM Security Protection Suite consists of anti-skimming
packages and an industry-leading outsourced monitoring service. The suite
offers five levels of protection to proactively guard against increasingly
sophisticated card-skimming attacks.
"As a trusted partner and leader in providing ATM security solutions,
Diebold is committed to working with our financial-institution partners to help
reduce financial losses and maintain confidence in the ATM channel as a
whole," said Chuck Somers, vice president, ATM security and systems,
Diebold. "Diebold's comprehensive portfolio of skimming protection
solutions represent an advanced generation of technologies and the most
innovative anti-skimming expertise in the industry."
Skimmers are devices, often undetectable, that criminals attach to ATM card
readers to record the information stored on a card's magnetic stripe -
information they subsequently use to create a cloned card and conduct a
fraudulent transaction. Diebold's ATM Security Protection Suite offers five
levels of anti-skimming solutions to provide financial institutions with
options based on the level of protection required. Level one offers basic
protection and includes ATM card reader security features specially designed to
deter skimmer attachment.
The second level includes Diebold's award-winning skimming-detection technology
that generates an alert - directed either to the branch alarm system or to the
ATM network monitoring system - when a fraudulent device has been added to the
terminal.
Protection levels three and four incorporate the latest and most innovative
skimming countermeasure in the industry. By emitting an electromagnetic field
to interfere with a skimmer's ability to capture magnetic-stripe data in both
motorized and dip card readers, this solution helps prevent the capture of card
information. To offer this technology, Diebold has leveraged its self-service
and security expertise and has also worked closely with TMD, a
Netherlands-based developer of anti-skimming technology.
Protection level five also includes Diebold's ATM SkimmingAlert Monitoring
Service, affording customers maximum protection. This monitoring-based solution
provides a real-time line of defense featuring an array of customized messaging
and response strategies, such as e-mail alerts and text messages from the
Diebold Monitoring Center. The service is currently available for financial
institutions in North America.
"Diebold's anti-skimming solutions are an integral part of Diebold's ATM
Security Protection Suite which takes a holistic approach to self-service
security, delivering proactive risk management and protection," Somers
said. "Our goal is to provide peace of mind to financial institutions
challenged by fraud at the ATM, by allowing them to mitigate risk, preserve
their brand equity and maintain the confidence of their customers."
The criminal act of card skimming results in the loss of billions of dollars
annually for financial institutions and card holders. Card skimming threatens
consumer confidence not only in the ATM channel, but in the financial
institutions that own compromised ATMs as well. Understanding the constantly
evolving threat to ATM security, Diebold advises financial institutions to
deploy a multilayered approach to security at the self-service channel. The
company stresses that anti-skimming solutions should constitute just one
component in an overall ATM fraud prevention plan.
Diebold
