Advertisement
Advertisement

Cashpoint criminals target hundreds of ATMs

Share this article

Cashpoint criminals target hundreds of ATMs
Photo: DPA
10:40 CEST+02:00
Data thieves targeting customers at cash point machines caused €8 million worth of damage in the first six months of this year, according to figures out on Wednesday.

Criminals tampered with more than 250 ATMs across Germany, as well as card-operated entry points to banks.

North Rhine-Westphalia, Germany's most densely populated state, was targeted most often (90 cases), followed by the south-western state of Baden-Württemberg (50 cases), the city-state of Berlin (25 cases) and Hessen in central Germany (23 cases).

According to card security group Euro Kartensysteme, thieves use data stolen in Germany most frequently in countries which use outdated magnetic strip technology.

In 2012, card data thieves caused €17 million worth of damage, indicating that there could be a slight decline this year.

Banking institutes put this possibility down to the development of security technology outside of Europe, making it harder for criminals to shop or withdraw cash with counterfeit cards.

EMV (Europay, MasterCard and Visa) technology scans the authenticity of the card as well as its data.

DPA/The Local/kkf

Share this article

Advertisement
Advertisement

From our sponsors

‘Become who you want to be’: one degree, three countries

Paris, Madrid, Berlin... For internationally-minded students, it can be tough to choose where to attend university. But at ESCP Europe – one of the top business schools in the world – you don’t have to.


Database error:

You have an error in your SQL syntax; check the manual that corresponds to your MySQL server version for the right syntax to use near ')
			ORDER BY
				entries.ENTRY_MODIFIED DESC
			LIMIT
				10' at line 20