Feeds

Bank issues cashpoint warning

Watch yourselves out there

  • alert
  • submit to reddit

The essential guide to IT transformation

First Direct has written to one hundred thousand of its customers warning them of the danger of cashpoint-based fraud. The bank is warning the ten per cent of its customers who use cashpoints most frequently that they are increasing the risk of being a victim of such fraud.

A spokeswoman for First Direct told The Register: "It is like crossing the road, every time you do it there is a small risk, so you shouldn't do it more than you have to. If someone is taking out £20 three times a day they're increasing their chances of cashpoint fraud." Apacs estimates £39m was lost to cashpoint fraud in 2003.

The spokeswoman said the bank was not advocating carrying large amounts of cash: "We are just warning people of the risks and advising them that there are alternatives," she said.

Police in Carlisle, Cumbria last month found a device attached to an cashpoint which copied cards put in the machine. Thieves had also installed a pinhole camera to pick up customers PIN numbers. ®

Related stories

Phishing attacks on the rise
Thieves ravage Texan ATMs
Halifax users locked out of ATMs

5 things you didn’t know about cloud backup

More from The Register

next story
Goog says patch⁵⁰ your Chrome
64-bit browser loads cat vids FIFTEEN PERCENT faster!
Chinese hackers spied on investigators of Flight MH370 - report
Classified data on flight's disappearance pinched
KER-CHING! CryptoWall ransomware scam rakes in $1 MEEELLION
Anatomy of the net's most destructive ransomware threat
NIST to sysadmins: clean up your SSH mess
Too many keys, too badly managed
Scratched PC-dispatch patch patched, hatched in batch rematch
Windows security update fixed after triggering blue screens (and screams) of death
Researchers camouflage haxxor traps with fake application traffic
Honeypots sweetened to resemble actual workloads, complete with 'secure' logins
prev story

Whitepapers

Gartner critical capabilities for enterprise endpoint backup
Learn why inSync received the highest overall rating from Druva and is the top choice for the mobile workforce.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Rethinking backup and recovery in the modern data center
Combining intelligence, operational analytics, and automation to enable efficient, data-driven IT organizations using the HP ABR approach.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Next gen security for virtualised datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.