Today, more than ever, there is a need for banks and credit unions to recognize that ATMs require the same levels of rolling security provision and upgrading as every other aspect of their infrastructure. ATM attacks are changing and adapting all the time. It is therefore essential for banks to understand this threat and to keep the integrity of their ATM security one step ahead.
How Do ATM Attacks Happen?
“Hook and chain” attacks on drive-up ATMs typically occur between 11 p.m. and 6 a.m., during which time criminals attach one end of a chain or cable to an ATM and the other to the rear of a (usually) stolen vehicle. The driver quickly accelerates to force open the safe door, often making three of four attempts which can take between 10 to 12 minutes. If successful, the criminals grab the cash cassettes and run away leaving the stolen vehicle, chain, and any other equipment behind. Whether the attack is successful or not, the damage to the ATM and surrounding structure can reach as high as $45,000. If successful, the perpetrators could get away with upwards of $150,000 from the cash cassettes alone.
What you'll hear on the webinar:
- Listen to how Regions Bank has tackled recent ATM attacks leveraging Verint’s “Hook and Chain” security solution.
- Learn how advanced intrusion detection systems can help to monitor people and vehicles and how real-time alerts around motion in a scene can be the difference between loss or legal action.