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Organized retail crime (ORC), already a large national problem, continues to grow rapidly. According to the FBI, the losses attributed to organized retail crime are in the tens of billions of dollars each year.
Pay-at-the-pump card skimming attacks are a growing concern. Despite press coverage and education efforts, skimming incidents continue unabated, according to BankInfoSecurity.com.
While branch bank security is somewhat cookie-cutter, designs for protection at the major business offices of financial institutions have moved to more sophisticated, integrated needs.
At least two people have been pictured installing a skimming device at an Orlando ATM days ago. It is the host city for the upcoming ASIS International event soon.
According to a recent survey, consumers are largely unaware of major security threats at their ATMs – but would switch banks if another institution demonstrated that it provided more secure ATMs.