Why a Multi-Layered Technology Approach is the Best Choice for Preventing ATM Cash-outs and Cybersecurity Attacks
Despite several recent high-profile attacks, ATM cash-out schemes that involve multiple attack vectors over a very large attack surface continue to happen. While traditional fraud system management tools will provide one layer of defense against cash-out attacks, common single point monitoring solutions still run a risk of being compromised.
This whitepaper is meant to help financial organizations understand the importance of adding transaction-level monitoring to existing fraud prevention strategies. It explains how multi-point, network-based data collection capabilities can give you the power to immediately identify potential fraud attacks – even if these transactions bypass fraud management systems or if the fraud management system has been over-ridden by malware.