EAST EGAF holds 29th Meeting in Knutsford, UK

The 29th Meeting of the EAST Expert Group on All Terminal Fraud (EGAF) took place on Wednesday 10th May 2023 hosted by MasterCard in Knutsford, UK.  The meeting, chaired by Otto de Jong from ING Bank, also celebrated the 10th Anniversary of EAST EGAF – the first meeting was held at ING Bank in Amsterdam on 15th May 2013.

In addition to normal business the 29th Meeting also involved a tour of the MasterCard DigiSec Laboratory, which is focused on proactively testing threats to all forms of digital payments in coordination with government security agencies and leading academics.

The meeting was attended in-person by 18 key representatives from Terminal Deployers, Terminal Vendors, Networks, Card Schemes, Security Equipment and Software Vendors, Law Enforcement and Forensic Analysts.

Experts from the following organisations contributed to the meeting: Atruvia AG, Bits A/S, BKA, BNP Paribas, Cennox, Diebold Nixdorf, Dutch Banking Association, Europol, ING Bank, KAL, LINK Scheme, Mastercard, NatWest Group, Payment Services Austria (PSA), TietoEVRY, and Visa.

Discussion at the meeting focussed on the continuing follow up to EAST Fraud Alerts relating to Active Shimmer (Wedge) / Relay attacks, and a presentation was given on fraudulent EMV transactions.

EAST EGAF, which meets three times a year in advance of each of the meetings of EAST National and Global Members, enables in-depth and technical discussion to take place on Logical and Malware attacks, Card Data Compromise and other issues relating to terminal fraud.

The group generates EAST Fraud Alerts for all EAST Members (National, Global and Associate). In total 276 Fraud Alerts have been issued as can be seen in the table below.

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