Results for tag: "ATM Fraud"

ATM fraud is a type of financial crime that involves the unauthorized use of Automated Teller Machines (ATMs) to withdraw money from a victim's bank account. It is a form of identity theft, as criminals use stolen or cloned cards to access the victim's account. Criminals may also use skimming devices to capture card information, or use malware to gain access to the ATM's software. ATM fraud is a growing problem, as criminals become more sophisticated in their methods. Criminals may use a variety of techniques to gain access to a victim's account, including phishing, skimming, and malware. In addition, criminals may use social engineering techniques to gain access to a victim's personal information. The ATM fraud market is a highly competitive one, with a variety of companies offering solutions to protect customers from fraud. Companies such as NCR Corporation, Diebold Nixdorf, and KAL offer a range of products and services to help banks and other financial institutions protect their customers from fraud. Other companies, such as Verifone and FIS, provide software solutions to help banks detect and prevent fraud. In addition, there are a number of companies that specialize in providing fraud detection and prevention services. These companies include RSA Security, Trusteer, and iovation. These companies provide a range of services, including fraud detection, risk management, and customer authentication. Show Less Read more