ANZ Dashboard Digest

ATM Skimming Attacks on the Rise

FINANCIAL PRIVACY—NEW ZEALAND

April 6, 2012

BankInfoSecurity reports on the rise of ATM skimming attacks. According to the report, approximately 500 debit accounts have been compromised at ATMs owned by ANZ Bank and National Bank in Auckland, and financial losses have amounted to nearly $1 million. On its website alert, the bank said, "We are still assessing the number of cards that might have been used in the affected ATMs." A representative from a PCI-DSS service provider said, "With no local disclosure laws around card fraud or data breaches, these sorts of incidents seldom get reported here." The bank is also working with affected customers to issue refunds.
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