According to the last survey conducted by the European ATMSecurity team, card skimming is still the most prevalent crime in27 European countries. Action has been taken, and 61% of Europeancountries have reported a decrease in card skimming because of theimplementation of Europay (EMV technology that's embedded in ATMsrequiring two-factor authentication) drastically reducing the riskof stolen credentials.)

At the same time however, we have noted an increase in cashtrapping attacks. This is where cash dispensing slots are targetedby fraudsters who replace these ATM's components with fakedevices.

In the U.S., ATM fraud is expected to increase due to thetransition to EMV standards in Europe, Asia, Latin America andCanada where EMV embedded chip cards are more difficult tocounterfeit than magnetic stripe cards used in the U.S. Because ofthis, many criminal organizations will likely view the U.S. as anattractive target.