ATMs to have anti data steal­ing de­vice by June 2014

Daily Trust - - NEWS - From Chris Agabi, La­gos

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.”

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