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Biometric Skimmers Pose Emerging Threat To ATMs

23
Sep
2016

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Even as financial institutions move to shore up ATM security with biometric mechanisms, cyber-crooks are busy figuring out ways to beat them. Biometric identifiers like fingerprints, palm veins, voice, and the iris have long been considered as offering the most secure way to authenticate an individual’s identity. But that may be changing.

Security firm Kaspersky Lab recently investigated how cyber-criminals might be planning to defeat new biometric authentication measures that some banks are considering for use in Automated Teller Machines (ATMs).

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