Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Fico Reports a 39 Percent Rise in Debit Cards Compromised at U.S. Atms and Merchants

Published by Gbaf News

Posted on September 2, 2017

6 min read

Last updated: January 21, 2026

Add as preferred source on Google

Men's skincare products including moisturizers and creams - Global Banking & Finance Review — An overview of men's skincare products, highlighting key items like moisturizers and creams, reflecting the growth of the $13 Bn market by 2029. This image relates to the increasing demand for men's personal care in the finance and banking industry.

Consumers need to stay alert as skimming continues to grow

Compromises of ATMs and point-of-sale (POS) devices in the U.S. rose 21 percent in the first six months of 2017, compared to the same period in 2016.
Compromised cards rose by 39 percent.
Cardholders should employ common sense when using ATMs, and check their transactions frequently.
FICO^® Card Alert Service monitors hundreds of thousands of ATMs in the U.S.

The number of cards compromised at U.S. ATMs and merchants rose 39 percent in the first six months of 2017, compared to the same period in 2016, according to new data from Silicon Valley analytic software firm FICO. FICO has also tracked a 21 percent increase in compromises of ATMs and point-of-sale (POS) devices in the U.S. in the first six months of 2017, compared to the same period in 2016.

The number of compromises is on target to set a new high for the FICO^® Card Alert Service, which monitors hundreds of thousands of ATMs and other readers in the U.S.

“The rate of fraud pattern changes has accelerated in the last 24 months, requiring us to continuously adapt our predictive analytics to stay on top of this criminal behaviour,” said TJ Horan, vice president, who oversees FICO’s fraud solutions. “We have introduced new AI technology into our FICO Falcon Fraud Manager platform, which protects most of the payment cards in the U.S.”

FICO offers these tips for consumers:

If an ATM looks odd, or your card doesn’t enter the machine smoothly, consider going somewhere else for your cash.
Never approach an ATM if anyone is lingering nearby. Never engage in conversations with others around an ATM. Remain in your automobile until other ATM users have left the ATM.
If your plastic card is captured inside of an ATM, call your card issuer immediately to report it. Sometimes you may think that your card was captured by the ATM when in reality it was later retrieved by a criminal who staged its capture. Either way, you will need to arrange for a replacement card as soon as possible.
Ask your card issuer for a new card number if you suspect that your payment card may have been compromised at a merchant, restaurant or ATM. It’s important to change both your card number and your PIN whenever you experience a potential theft of your personal information.
Check your card transactions frequently, using online banking and your monthly statement.
Ask your card provider if they offer account alert technology that will deliver SMS text communications or emails to you in the event that fraudulent activity is suspected on your payment card.
Update your address and mobile phone information for every card you have, so that you can be reached if there is ever a critical situation that requires your immediate attention.

FICO previously reported a 30 percent increase in compromised devices for 2016, compared to 2015, and a 70 percent rise in compromised cards for that period. These figures cover only card fraud occurring at physical devices, not online card fraud.

FICO works closely with banks and card issuers around the world to identify fraud trends and shut down card fraud. In addition to FICO^® Card Alert Service, FICO offers the FICO^® Falcon^® Platform, the leading card fraud solution, which protects 2.6+ billion cards worldwide.

Consumers need to stay alert as skimming continues to grow

Compromises of ATMs and point-of-sale (POS) devices in the U.S. rose 21 percent in the first six months of 2017, compared to the same period in 2016.
Compromised cards rose by 39 percent.
Cardholders should employ common sense when using ATMs, and check their transactions frequently.
FICO^® Card Alert Service monitors hundreds of thousands of ATMs in the U.S.

The number of cards compromised at U.S. ATMs and merchants rose 39 percent in the first six months of 2017, compared to the same period in 2016, according to new data from Silicon Valley analytic software firm FICO. FICO has also tracked a 21 percent increase in compromises of ATMs and point-of-sale (POS) devices in the U.S. in the first six months of 2017, compared to the same period in 2016.

The number of compromises is on target to set a new high for the FICO^® Card Alert Service, which monitors hundreds of thousands of ATMs and other readers in the U.S.

“The rate of fraud pattern changes has accelerated in the last 24 months, requiring us to continuously adapt our predictive analytics to stay on top of this criminal behaviour,” said TJ Horan, vice president, who oversees FICO’s fraud solutions. “We have introduced new AI technology into our FICO Falcon Fraud Manager platform, which protects most of the payment cards in the U.S.”

FICO offers these tips for consumers:

If an ATM looks odd, or your card doesn’t enter the machine smoothly, consider going somewhere else for your cash.
Never approach an ATM if anyone is lingering nearby. Never engage in conversations with others around an ATM. Remain in your automobile until other ATM users have left the ATM.
If your plastic card is captured inside of an ATM, call your card issuer immediately to report it. Sometimes you may think that your card was captured by the ATM when in reality it was later retrieved by a criminal who staged its capture. Either way, you will need to arrange for a replacement card as soon as possible.
Ask your card issuer for a new card number if you suspect that your payment card may have been compromised at a merchant, restaurant or ATM. It’s important to change both your card number and your PIN whenever you experience a potential theft of your personal information.
Check your card transactions frequently, using online banking and your monthly statement.
Ask your card provider if they offer account alert technology that will deliver SMS text communications or emails to you in the event that fraudulent activity is suspected on your payment card.
Update your address and mobile phone information for every card you have, so that you can be reached if there is ever a critical situation that requires your immediate attention.

FICO previously reported a 30 percent increase in compromised devices for 2016, compared to 2015, and a 70 percent rise in compromised cards for that period. These figures cover only card fraud occurring at physical devices, not online card fraud.

FICO works closely with banks and card issuers around the world to identify fraud trends and shut down card fraud. In addition to FICO^® Card Alert Service, FICO offers the FICO^® Falcon^® Platform, the leading card fraud solution, which protects 2.6+ billion cards worldwide.