Wincor Nixdorf receives award for Best ATM Security Technology

Friday 31 October 2003 05:25 CET | News

Wincor Nixdorf has been awarded the Best ATM Security Technology prize at this years ATM Security Conference in London.

Wincor Nixdorf was given the prize by the ATM Industry Association for its development of pre-emptive anti-fraud protection for automated teller machines. Particular mention was made of the anti-skimming device which offers effective protection against ATM manipulation by means of external guarding on the card reader. When so-called skimming attacks occur the customer has no trouble withdrawing his cash ? without noticing that his card has been copied. The copying is done by a foreign card reader (sleeve) inserted into or onto the card slit. The PIN is recorded by a discreet miniature camera affixed to the keyboard area which send a picture via radio transmission to the waiting criminal. The MM box prescribed in Germany, which prevents withdrawals using copied cards, is of limited help as this technology is not used abroad. Help is now at hand from Wincor Nixdorf with a newly developed module for ATMs which prevents sleeves being used to read the card details. The ATM?s card slit is monitored continuously by sensors which ensure that if a sleeve is detected the ATM is put out of service immediately before a customer can insert his or her card and allow the customer data to be copied. This award underscores Wincor Nixdorf International?s hard work and commitment in the area of security technology for ATMs.

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Categories: Payments & Commerce | Payments General
Countries: World
This article is part of category

Payments & Commerce