ATM Owner Liability
Fraud: there are 2 general types of ATM fraud involving
ATMs. The first being systems based (signal interception of transfer
request or settlement banking information etc). This has been almost
completely eliminated by sophisticated encryption and anti tamper
The major concern is PIN theft. Typically, thief's attach
inconspicuous card reading devices over the ATM card reader. This
device captures the cardholder’s information and stores or transmits
it to the thief, yet the ATM transaction proceeds unimpaired. A pin
hole camera is used to record the PIN being entered. This
information is used to clone cards and drain cardholder’s bank
accounts. See UK Video depicting
how scam works.
It is the ATM owner's responsibility to take reasonable precautions
to prevent PIN theft. One avenue is displaying the "Protect Your
Pin" decal which CHC supplies free of charge. The other is to be on the look out for
foreign objects or tampering with our ATMs.
Your secure environment
almost certainly eliminates this risk. In any case, should fraud
occur liability rests with Interact so long as we are in compliance
with all regulations. Namely that we display “Protect Your Pin” decals on all
ATMs and inspect them regularly for tampering.