The phantasm of ATM withdrawal

Authors

Nattakant Utakrit, Edith Cowan University

Document Type

Conference Proceeding

Publisher

School of Computer and Information Science, Edith Cowan University

Faculty

Faculty of Computing, Health and Science

School

School of Computing, Health and Science

RAS ID

4041

Comments

Utakrit, N. (2007). The phantasm of ATM withdrawal. Paper presented at the Proceedings of the 5th Australian Information Security Management Conference, 208-215. Available here

Abstract

Despite the stringent legislation and increased enforcement aimed at combating financial crime, fraud using cash machines remains a public concern. The problem of ATM fraud is happening on a global scale and the ramifications have been felt in Australia. This paper highlights the stratagems of financial crime, in particular of ATM fraud. The abuse of ATMs with intelligent methods used by perpetrators will be discussed. At the same time, the paper will present some global cases of ATM fraud. Finally, this paper will illustrate countermeasures and security methods, such as biometrics and premises protections of banks, financial institutions and customers, to mitigate crimes.

DOI

10.4225/75/57b55313b8763

Access Rights

free_to_read