ATEFI signs Strategic Agreement with AMERIPOL

The Latin American Association of Operators Electronic Funds Transfer and Information Services (ATEFI) has signed an Agreement of Understanding and Mutual Cooperation with The Police Community of the Americas (AMERIPOL). This public-private sector Agreement, signed in in Buenos Aires (Argentina), enables ATEFI and AMERIPOL, through collaboration and mutual professional training, to carry out preventive and investigative actions through forensic analysis of fraud and cybercrime cases.

In May 2016 EAST and ATEFI joined forces to to further strengthen inter-regional cooperation in combating all types of payment crime including payment card fraud, hi-tech crime and ATM cyber and physical attacks and in October 2015 EAST participated in a two-day meeting  in Bogota (Colombia) to discuss payment card fraud overseas and money withdrawals in Latin America.  This meeting, attended by AMERIPOL, was organised by Europol in cooperation with the Colombian authorities (Policia Nacional and its Liaison Bureau at Europol) with the financial support of the Romanian authorities.

This new public-private sector initiative in Latin America is welcomed by the industry in Europe as another step forward in global efforts to tackle transnational payment fraud and financial crime.  EAST has worked with Europol since 2004, a partnership that was strengthened in June 2015 by the signing of a Memorandum of Understanding (MoU), and in June 2017 EAST and ASEANAPOL formalised collaboration.  ASEANAPOL is the National Police organisation for the Association of Southeast Asian Nations (ASEAN).

EAST and ASEANAPOL formalise collaboration

EAST and ASEANAPOL have formalised collaboration.  This was agreed by the 37th ASEANAPOL Conference held in Singapore on 11-15 September 2017 and by the 43rd EAST Meeting held in Edinburgh on 4th October 2017. This collaboration is another step forward in addressing the consequences of the spread of the activities of organised criminal groups across regions and globally.

ASEANAPOL is the National Police organisation for the Association of Southeast Asian Nations (ASEAN).

Working with Europol’s European Cybercrime Centre (EC3) EAST has attended four Strategic Meetings on Payment Card Fraud that were held in the ASEAN region.  At the most recent meeting in July 2017, the increasing threat posed by fraudulent payment card activities by organised crime groups led to the creation of the Investigative Network of Law Enforcement specialists from the European Union and ASEAN countries (EURASEAN). This initiative, led by Europol, is supported by both ASEANAPOL and INTERPOL, with the assistance of EAST representing the private sector.

In June of this year ASEANAPOL gave a presentation at the 3rd EAST FCS Forum in the Hague.  Mr Ferdinand Bartolome, Director for Police Services, ASEANAPOL Secretariat, gave a presentation which covered ASEANAPOL and its initiatives in the pursuit of payment card fraud, initiatives undertaken with EUROPOL and trends and counter-measures in ATM fraud.  Mr Bartolome is pictured left, with EAST Executive Director Lachlan Gunn, at the event.

In a European Payment Terminal Crime Report, published today, EAST shows that out of total reported losses of €118 million, suffered by European card issuers due to payment card skimming, and reported for the period January to June 2017, €96 million were international skimming losses.  Such losses are committed outside national borders by criminals using stolen card details.  The majority of these losses were seen in the USA and the Asia-Pacific region. The above-mentioned EURASEAN initiative, and the EAST-ASEANAPOL collaboration, are significant steps forward in the efforts to counter the spread of such losses.

43rd EAST Meeting hosted by LINK Scheme

43rd EAST MeetingThe 43rd Meeting of EAST National Members was hosted by the LINK Scheme in Edinburgh on 4th October 2017.  National country crime updates were provided by 20 countries, and a global update by HSBC. Topics covered included payment fraud and the evolution of payment technology, ATM malware and logical attacks, terminal related fraud attacks and ATM related physical attacks.

A presentation on Card Not Present (CNP) Fraud was given by Police Scotland and updates were provided by the EAST Payments Task Force (EPTF), the EAST Expert Group on All Terminal Fraud (EGAF) and the EAST Expert Group on ATM and ATS Physical Attacks (EGAP).

EAST Fraud Update 3-2017 will be produced later this month, based on the updates provided at the meeting.  EAST Fraud Updates are available on the EAST Website to EAST Members.

The 43rd EAST Meeting was the first meeting of EAST National Members as the ‘European Association for Secure Transactions’.  At the EAST FCS Forum on 8th June 2017 EAST, formerly known as the European ATM Security Team, changed its name.

42nd EAST Meeting hosted by EC3 at Europol

EAST National Members - badgeThe 42nd Meeting of EAST National Members was hosted by the European Cybercrime Centre (EC3) at Europol on 7th June 2017.  National country crime updates were provided by 26 countries, and a global update by HSBC.

EAST Fraud Update 2-2017 will be produced later this month, based on the updates provided at the meeting.  EAST Fraud Updates are available on the EAST Website to EAST Members.

The 42nd EAST Meeting was the final meeting of EAST as the ‘European ATM Security Team’.  As announced by EAST Executive Director Lachlan Gunn, at the EAST FCS Forum on 8th June 2017, EAST has now changed to become the ‘European Association for Secure Transactions’.

EAST changes name

EAST

 

 

EAST is changing its name to the European Association for Secure Transactions (EAST).  The announcement was made by EAST Executive Director Lachlan Gunn at the EAST Financial Crime and Security (FCS) Forum in The Hague.  The name change is in line with a new strategic direction for EAST.

EASTEAST was formed in 2004 to focus on ATM security when card skimming was a rising issue in Europe.  Since then there have been significant changes in the payment landscape, which continues to evolve at great speed.  EAST will continue to report on ATM crime issues as part of a wider reporting structure, which will be broadly split into Terminal Security and Payment Security.  The core strength of EAST is the National Member platform, backed up by interaction with Associate Members, and this change will enable EAST to keep serving all its members as their needs change.

The EAST Expert Group on All Terminal Fraud (EGAF) will continue to focus on fraud at all terminal types, and the EAST Payments Task Force (EPTF) is focussed on the security of payments and transactions.  The EAST Expert Group on ATM and ATS Physical Attacks (EGAP) will continue to be mainly ATM focussed, to help counter the growing threat of solid explosive and explosive gas attacks.

EAST has national representation from the following 26 European countries:  Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Malta, Poland, Portugal, Romania, Slovakia, Spain, Sweden, Switzerland, United Kingdom.  EAST is still seeking national representative members from:  Estonia, Iceland, Latvia, Lithuania and Slovenia.

Brazil, Canada, Indonesia, Mexico, Russia, Serbia, South Africa, Turkey, Ukraine and the United States are represented at EAST as non-SEPA members and EAST is seeking to establish links with parties in any country, able to share national incident and loss statistics for terminal related fraud and physical attacks.  For more information contact us.

36th EAST Meeting hosted by Europol in the Hague

EAST National Members - badgeThe 36th Meeting of EAST National Members was hosted by the European Cybercrime Centre (EC3) at Europol  in the Hague on 10th June 2015. National updates were provided by 21 countries, and a global update by HSBC. Europol attended the meeting as an observer and a presentation was given by Oberthur Cash Protection on ink staining technology and French regulation and tests.

During the meeting a Memorandum of Understanding (MoU) was signed between Europol and EAST in order to further strengthen the cooperation in combating all types of payment crime.

EAST Fraud Update 2-2015 will be produced in July, based on the updates provided at the meeting. EAST Fraud Updates are also available on the EAST Website to EAST Members (National &Associate), and to individual subscribers.