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Were 3.25M Indian Debit Cards Breached?

PYMNTS

million debit cards in India will either have their security codes changed or their cards swapped out wholesale due to concerns that the data may have been breached in one of the nation’s biggest security incidents ever. T) subsidiary Hitachi Payment Services, which manages ATM network processing for Yes Bank Ltd (YESB.NS).

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April 2014: A Busy Month for Fraud Alerts!

Jack Henry

Cyber-Attacks on Financial Institutions ATM and Card Authorization Systems. In light of the ATM cash-out schemes that had taken place recently, an alert was issued to provide details on how this type of fraud had occurred, the risks presented to financial institutions (FIs), and what FIs could do to mitigate these risks.

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Sizzle Fizzle: Déjà Yahoo All Over Again

PYMNTS

India’s Cashless Payments: Could there be a silver lining in the currency snafus that have bedeviled India, as roughly 86 percent of paper bills were taken out of circulation and chaos ensued, with lines at ATMs and bartering back in style? Two words: Cashless payments. Good News/ Bad News. So Now What?

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From Vault to Vulnerability: Modern Day Bank Robbers Hit the Web

NCR

But as attacks continue to become more targeted and sophisticated, IT teams are struggling against a range of agents, from common hackers to nation-states, to keep their networks and their vaults secure. Instead, Carbanak targeted the banks’ internal money processing services and automated teller machines (ATMs). Securing the Vault.

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The 2015 GonzoBanker Awards

Gonzobanker

Idea Bank in Poland for its roaming fleet of ATM-equipped automobiles with an Uber-like app available for bank customers to order cash drop-offs. Bank project management offices. FFIEC’s Cyber Security Self-Assessment Tool. Roboadvisor Future Advisor acquired by establishment asset management giant BlackRock for $150M.