Security | Threat Detection | Cyberattacks | DevSecOps | Compliance

July 2023

ATM Transaction Reversal Fraud: Strategies to Safeguard Your Finances

Picture a quaint, small town enveloped in the tranquility of a peaceful night. The only signs of life are flickering street lamps and the glow from the neighborhood automated teller machine (ATM). You spot someone approach the ATM, withdraw cash and walk away. It all looks so normal. What you don’t realize is that you have just witnessed a fraud attack, specifically, transaction reversal fraud (TRF).