PHILADELPHIA--(BUSINESS WIRE)--A multimedia asset accompanying this release has been removed.
The corrected release reads:
NEW TMD SECURITY ACTIVE DIP KIT DEFENDS ATMS FROM LATEST SKIMMING ATTACKS FOR MAXIMUM SECURITY, AVAILABILITY AND CONSUMER CONVENIENCE
Continuous, active card data protection for DIP card readers while the ATM or SST safely stays in service at all times, avoiding down-time and reducing costs, has never been possible until now.
TMD Security, the global leader in anti-skimming, announced today the launch of Active DIP Kit (ADK), a new solution that continuously protects DIP card readers from skimming attacks, without taking the ATM or SST out of service.
ADK’s multiple random electromagnetic signals, known as ‘jamming’, actively protect data stored on the card’s magnetic stripe by preventing the criminal from successfully copying and deciphering it. The card holder experience is unaffected, and since the card data is always protected by ADK, the ATM or SST safely remains in service during and after an attack.
TMD introduced ‘jamming’ protection in 2004. Until the launch of ADK however, the design of DIP card readers meant that continuous active protection was only possible for motorized card readers. ‘Jamming’ could only be activated for DIP if a skimming device was detected and the ATM or SST would need to be taken out of service.
‘Many motorized ATMs and SSTs are now actively protected, so DIP card readers are exposed and increasingly targeted for skimming,’ said Cees Heuker of Hoek, CEO, TMD Security. ‘Even with the global move towards EMV, while the magnetic stripe remains on our cards, skimming provides an attractive prize for criminals. Average losses per skimming incident are over $50,000 and continue to rise. Criminals develop new smarter techniques, working cross-border, as they hunt out the next weakest link.’
‘TMD has a track record for innovation,’ added Cees. ‘We developed ADK because we knew that the industry needs a new, more secure solution to actively protect DIP card readers that can be integrated into any ATM or SST without taking them out of service, just like motorized. Our priorities are maximum security, availability and consumer convenience.’
About TMD Security GMBH
TMD Security, founded in 2004, is the global leader in anti-skimming solutions for ATMs and SSTs. TMD’s Card Protection Kit (CPK+) protects over 300,000 ATMs. Headquartered in Switzerland, the global organisation includes R&D and sales and support in Europe, MEA, Asia Pacific, North America and Latin America.
For more information: www.tmdsecurity.com
