This is the name given to the solution developed by NCR against card skimming and fraud.
With SPS;
- It protects the ATM network from the cost and potential risks of card skimming attacks. Considering that global losses from such attacks exceed 2 billion dollars annually, the severity of the risk posed by these attacks becomes clear.
- It helps protect cardholder data. Any attempt by an attacker to parse or copy data on the magnetic stripe is detected through the generation of multiple random signals, and the necessary precautions are taken in such skimming cases.
- The application also protects itself. In addition to other solutions, SPS has a built-in diagnostic feature. It allows the device to be monitored and the necessary actions to be taken.
- It enables real-time fraud detection. It detects the presence of a fake device in real time, enabling ATMs to be managed accordingly.
In short, detecting fraud cases at ATMs and, where possible, taking immediate action on them (or even having the ATM itself take action) is very critical. ATM manufacturers also develop their own solutions against such potential cases and offer these products to their customers. We can already say that, in the coming years, much more functional and AI-based systems will begin to be used.
