ATMs to have anti data stealing device by June 2014
By June 2014, it would be almost impossible for fraudsters to steal data on all Automated Teller Machines ( ATM) in Nigeria.
This is because all banks in Nigeria are deploying antiskimming devices on all ATMs in Nigeria in compliance with an earlier CBN directive.
The Chairman, Committee of e-banking Industry Heads (CeBIH), Mr. Chucks Iku, disclosed this in Lagos at a press briefing yesterday.
The Central Bank of Nigeria had issued a directive on ensuring the installation of anti-skimming devices on all ATM terminals in the country with a view to preventing the ability of fraudsters to copy personal data from the magnetic strip on an ATM card.
CeBIH is the Committee of e-Banking Industry Heads (CeBIH) which comprises all heads of e-business/ e-banking/ e – channels/ card services of all banks in Nigeria with its major objective being the promotion of electronic banking services in Nigeria in line with global best practices.
Mr. Iku said the devices once deployed “will ensure the security of ATM transactions across the country” adding that “CeBIH is committed to ensuring that this is achieved before the expiration of the deadline set by the regulatory body.”