Australian Information Security Management Conference

Document Type

Conference Proceeding

Publisher

School of Computer and Information Science, Edith Cowan University, Perth, Western Australia

Comments

Originally published in the Proceedings of 5th Australian Information Security Management Conference, Edith Cowan University, Perth Western Australia, December 4th 2007

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

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