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Sunday, January 15, 2012

DBS unremorseful after skimming gaffe

DBS Bank revealed on Saturday that both the ATMs in the Bugis area that had been compromised in the recent ATM card skimming scheme did not have 'jitter' technology turned on.

Jitter technology is commonly employed at ATM machines here and globally. It shakes the card upon insertion and removal to make it difficult for crooks who install skimming devices to get a reading.

"It is correct that the ATMs in Bugis Street did not have the 'jitter' as part of the combination of security measures in place when the skimming took place in November," a DBS spokesman said.

However the bank maintained that it was unlikely the crime could have been prevented even if that security feature had been turned on.

ORIGINAL SOURCE
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