The European Association for Secure Transactions has published its second European Fraud Update for 2018. The report is based on in-country crime statistics provided by representatives of 18 nations in the Single Euro Payments Area, and three non-SEPA nations, an EAST press release said.

Payment fraud

– Fifteen countries reported payment fraud issues.
– Seven countries reported card-not-present as a key fraud driver.
– Two countries reported attempted “forced post” fraud, which can occur on some POS terminals with force sale functionality.
– One country reported a new form of malware on android mobile phones, distributed through a fake application uploaded from third-party Android stores.
– One country reported cases of SIM swap fraud, in which fraudsters authorize a bank transfer by switching the customer’s mobile phone number over to a new SIM and intercepting the authorization message.

ATM malware and logical attacks

– Nine countries reported these types of attacks.
– Five of the nine countries reported ATM related malware. In addition to Cutlet Maker, representatives reported a new variant called WinPot, which is used to determine the number of bank notes in an ATM.
– Six countries reported the use of black box devices to enable unauthorized cash dispensing.

Card skimming at ATMs

– Fourteen countries reported card skimming at ATMs.
– Five countries reported skimming on terminals other than ATMs; in four of the five these attacks involved unattended fuel terminals.
– Six countries reported M3 card reader internal skimming devices.
– One country reported the use of M2 throat inlay skimming devices.
– One country reported the arrest of a Chinese national — a first — in connection with skimming attacks.

Physical attacks on ATMs

– Eight countries reported ram raids and ATM burglaries.
– Six countries reported explosive gas attacks.
– One country reported the first case of an explosive attack on an assisted teller service machine.
– One country reported its first incidences of explosive gas attacks.
– Five countries reported solid explosive attacks.

– atmmarketplace.com –


MK Americas
2445 NE Division Street,
Suite 200
Bend, OR.97701


MK Smart Asia Pacific Pte. Ltd.
100 Tras Street, #16-01
The Amara Corporate Tower


Sales Office in Hanoi
The Vista Building, No. 4, 15 Lane Duy Tan Str., Cau Giay Dist., Hanoi, Vietnam
Tel: (84-24) 7100 6781

Sales Office in Ho Chi Minh City
7th Flr., Thien Son Building, No.5 Nguyen Gia Thieu Str., Ward 6, District 3, HCMC
Tel: (84-28) 3930 5023 | Fax: (82-28) 3930 5065


Quang Minh IZ, Me Linh
Tel: (84-24) 3813 4646 | Fax: (84-24) 3813 4648

Ho Chi Minh City:
I3-3, N2 Street, Saigon Hi-Tech Park, District 9
Tel: (84-28) 3736 1446 | Fax: (84-28) 3736 1447