1. Preventing ATM Crime In A Recession

Preventing ATM Crime In A Recession

Bank security executive Leo Castagnera and experienced attorney Jim Castagnera will explain the best practices for protecting ATMs. You will learn how to prevent attacks on your financial institution and your customers/members.
Event ID: 2755348
Recording: Unable to attend? A recording will be available after the presentation.
Date: Friday, October 23, 2020; 12:00 PM Eastern
Duration: Scheduled for 60 minutes including question and answer period.
Presenter: Leo Castagnera and Dr. Jim Castagnera

Attacks on ATMs are increasing. Discover strategies to prevent theft.

ATMs are a growing target of a wide range of criminal attacks. In Europe, physical incursions on ATMs rose 27% from 2017 to 2018. Similar incidents are now increasing in the United States. The recession caused by COVID-19 is giving criminals more time and desperation to seek and exploit vulnerabilities.

In addition to physical threats to ATMs, sophisticated information technology (IT) incursions are real and all-too-common. For example, flash attacks rely on internationally coordinated efforts to simultaneously withdraw funds from multiple ATMs using cards created from copied details.

Now is the time to update your ATM security practices to account for heightened criminal interest and sophisticated new methods of attack.

  • What are the five main ATM vulnerabilities?
  • How can you block physical attacks on ATMs?
  • How can you block IT incursions?
  • What tactics will enable you to prevent skimming?

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