In the contemporary financial landscape, automated teller machine (ATM) fraud is emerging as a significant and costly challenge for banking entities around the world.
Deep insertion fraud, which encompasses techniques such as skimming and shimming, stands out for its particular maliciousness, causing significant losses and threatening the integrity of financial transactions.
This text aims to explore the impact of these illicit activities and present how EBRAX positions itself as a pioneer, developing innovative solutions to combat them.
Global Repercussion of Deep Insertion Fraud
According to surveys carried out by ATMIA, physical fraud, mainly through skimming and shimming, is responsible for approximately 52% of financial losses related to attacks on ATMs.
It is estimated that, in the USA alone, annual losses exceed the 1 billion dollar mark, while in Europe, this number is around 268 million dollars (Source: ATMIA, FBI, EAST). These alarming numbers underscore the urgent demand for more robust and effective security solutions.
EBRAX Innovations in Combating Fraud
Positioning itself as a leader in the development of banking security solutions, EBRAX introduces a revolutionary approach to ATM protection.
Its anti-skimming and anti-shimming modules incorporate state-of-the-art sensors that identify materials associated with fraud attempts, as well as an intelligent self-adjustment system that distinguishes legitimate use from fraudulent activities.
These technologies provide an additional layer of defense, strengthening the resistance of ATMs against insidious deep-insertion fraud.
Testimonials and Success Stories
The effectiveness of the solutions proposed by EBRAX is validated by a series of success stories. Several financial institutions that have adopted fraud detection modules and the MASS system (Modular Security System for ATMs) have reported a notable reduction in the incidence of fraud.
These reports emphasize the invaluable value of EBRAX’s innovations in preventing ATM attacks and safeguarding its customers’ valuable assets.
Conclusion
ATM deep insertion fraud is a persistent and constantly evolving threat that requires an equally innovative and efficient response.
With more than twenty years of experience in the fight against criminal activities in the banking sector, EBRAX offers this definitive solution. Through its pioneering technology and focus on security, EBRAX not only protects ATMs against current fraud, but also prepares for future threats, ensuring the security of banking transactions today and forever.
Don’t wait to be the next target of deep insertion fraud. Contact EBRAX right now and learn about our advanced protection solutions for ATMs, ensuring the security and trust of your customers.
Visit our website and discover how we can strengthen the defense of your ATMs against sophisticated fraud.