Innovative technology reduces ATM fraud by sensing skimming devicesNORTH CANTON, Ohio, June 17, 2008 /PRNewswire-FirstCall via COMTEX News Network/ -- Diebold,
Incorporated (NYSE: DBD), a trusted partner and leader in the financial
self-service industry, recently announced it received The Banker Technology
Awards 2008 Retail Award for Delivery Channel Security for its leading-edge
ATM advanced skimming detection technology.
Diebold's advanced skimming detection technology detects the presence of
skimming devices to help prevent automated teller machine (ATM) fraud and the
loss of millions of dollars each year for financial institutions. This
feature is included in every new Diebold Opteva(R) motorized card reader at no
extra charge, which is a substantial benefit as the average industry cost for
similar technology is between $1,200 and $1,500 per unit. The Banker
Technology Awards, presented by The Banker magazine, recognize excellence and
innovation in all areas of banking technology. The awards serve as a vital
global benchmark for IT services, products and projects in the financial
services industry at large.
Diebold is honored to receive such a prestigious award and to be
recognized by the industry as a leader in ATM security, said Charles E.
Ducey, Jr., senior vice president, global development and services, Diebold.
The advanced skimming detection technology is designed to put our customers'
minds at ease and provide reassurance that both the financial institution and
its customers are protected.
ATM fraud occurs on a global scale and is a growing concern. According to
estimates by Retail Banking Research, there are currently more than 1.5
million ATMs worldwide with new installations occurring every five minutes.
The Global ATM Security Alliance reports that .0016 percent of all worldwide
ATM transactions are affected by crime or fraud and it has been proven that
skimming can account for as high as 99 percent of ATM attacks in many
geographic areas. With Diebold's advanced skimming detection solution,
Diebold customers can fight growing criminal activity and reduce financial
loss.
In addition to the industry's growing fraud concern, the number one
concern among financial institution customers is the theft of personal
financial information -- surpassing terrorism, job security and natural
disasters, Ducey said.
Diebold has a rich history of delivering security solutions for more than
149 years and our customers depend on us to continue to deliver advanced
technologies to secure their assets. This award truly speaks to the
high-quality processes and procedures Diebold has in place as a security
leader in the financial self-service industry.
About Diebold
Diebold, Incorporated is a global leader in providing integrated
self-service delivery and security systems and services. Diebold employs more
than 17,000 associates with representation in nearly 90 countries worldwide
and is headquartered in Canton, Ohio, USA. Diebold is publicly traded on the
New York Stock Exchange under the symbol 'DBD.' For more information, visit
the company's Web site at www.diebold.com .
SOURCE Diebold, Incorporated
CONTACT:
Media Relations, DeAnn Zackeroff,
1-330-490-5220,
deann.zackeroff@diebold.com,
or Investor Relations, Christopher Bast,
1-330-490-6908, christopher.bast@diebold.com,
Diebold, Incorporated
Web site: http://www.diebold.com
http://www.caixa.gov.br
(DBD)