DC Payments: Committed to Protecting Your ATMs Against Fraud

ATM fraud is bad news. But the good news is the Europay, MasterCard and Visa (EMV) program is in place to tackle the most dangerous fraudulent threats.

Traditional credit cards store numbers on magnetic stripes that machines like ATMs and credit card processors at shops can read. However, scammers can read those stripes too. And once they capture data from magnetic stripes, they can use it anywhere — just as if the scammers had the cards themselves.

EMV cards circumvent this problem with computer chips embedded into the cards. The chips transmit unique, single-use numbers every time they’re used, so even if someone were to capture those numbers, they’d be useless.

Other ATM fraud forms are primarily aimed at software. For example, some scammers in Mexico trick ATMs into dispensing money using bootable USB drives. DC Payments ATMs don’t have the capability to boot from USBs, so this isn’t a concern. Our ATMs also have individualised passwords, so — even if one device becomes compromised — scammers don’t can’t obtain access to other devices.

ATMs can be compromised in other ways, but DC Payments and Cardtronics security experts are at work coming up with new ways to protect them. For example, one future security addition we’re working on is full ATM hard drive encryption: Even if a scammer were to completely remove a hard drive from a machine, it would be useless on its own.

There’s always more to be done when it comes to security, and, here at DC Payments, we’re constantly on the lookout for new ways to keep our customers — and their customers — safe.

[cta]Want to learn more about these new safety features? Contact your Cardtronics representative at at sales@cardtronics.com.au or by phone at 1300 305 600.[/cta]