The European ATM Security Team (EAST) has reported a decline in ATM related card skimming incidents and a rise in card trapping incidents and ATM explosive attacks.
EAST has reported a 5% decrease in ATM related fraud attacks, down from 22,450 to 21,346 in 2013.
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The card skimming incidents that were reported stood at 5,822, a decrease by 19% compared to 7,184 incidents reported in 2012.
According to EAST, the card trapping incidents have increased by 98% to 5,394 from 2,726 posted last year.
Losses due to ATM related fraud attacks fell 7%, down from 265m to 248m, and nearly 50% below the high of 485m reported in 2008, while losses due to ATM related physical attacks rose 21% to 23m from 19m in 2012.
The report revealed that ATM related physical attacks increased by 9% when compared with 2012, driven by a 31% increase in reported solid explosive and explosive gas attacks.
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By GlobalDataEAST director and coordinator, Lachlan Gunn said: "This continued fall in ATM related skimming incidents and losses is very good news for the industry and our customers, and highlights the effectiveness of EMV, regional card blocking and fraud monitoring and detection.
"We are aware of a developing trend of ATM related malware attacks in other parts of the world which, combined with the discontinuation of Microsoft support for Windows XP this month, gives some cause for concern.
"Our Expert Group on ATM Fraud (EGAF) is focused on this emerging threat, working with law enforcement, the main ATM vendors and organisations that specialise in computer security."
