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Protecting Off-Premises ATMs: Is Your Credit Union Doing Enough?

ATM fraud is on the rise and March Networks discusses solutions to protect off-premise ATMs.

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If your credit union operates ATMs in remote locations like convenience stores or shopping malls, a bank heist in Japan probably caught your attention.

According to news reports, fraudsters used 1,600 fake cards to withdraw money from multiple ATMs in Japan belonging to the same South African bank. In just a few hours, the coordinated attack – focused on ATMs in convenience stores – drained the bank of over $13 million.

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