Criminal groups have found sophisticated ways to game ATMs

Fraud alert: Bold new ATM schemes prompt warnings 

Article by: JENNIFER BJORHUS
Star Tribune
January 22, 2013 - 9:24 PM

ATM swindles have moved beyond mere skimming -- planting tiny cameras on gas pumps, for instance, to spy on your swipe and steal your cash.

U.S. financial institutions have been put on alert for a potential round of more sophisticated, and more dire, ATM cash-out fraud schemes.

Both credit card juggernaut Visa Inc. and Fair Isaac Corp., a leading payments fraud analytics company, issued separate alerts to clients in the past two weeks with general warnings about the potential risk of ATM cash-out fraud schemes.

A copy of the data security alert Visa sent clients around Jan. 10, obtained by the Star Tribune, warns of cases in which organized criminal groups in various parts of the world have been plundering cards and accounts by penetrating internal networks at financial institutions.

(More here.)