The global security firm Websense reckons that your social media identity may prove more valuable to cybercriminals than your credit cards, and that bad guys will actively buy and sell social media credentials in online forums.

ATM operator, Customers, has secured a five-year deal with Coles Express to provide a full managed service across more than 400 ATMs in Coles’ service stations and convenience stores.

Transaction Network Services is launching a new broadband EFTPOS and ATM network service in Australia called TNSLink that, it says, will significantly reduce day to day operational costs associated with retail EFTPOS and ATM terminals by allowing them to be connected via any broadband Internet access service.

COBOL, the ubiquitous computer language that emerged at around the same time as the IT industry itself, has just turned 50 and, according to enterprise applications management company, Micro Focus, despite its age, COBOL still plays a pivotal role in running most of the world’s businesses and public services, from powering almost all global ATM transactions, running nearly three quarters of the world’s business applications, and booking hundreds of holidays every single day.

A bogus ATM set up to steal card details was exposed by Defcon conference attendees.

It is bad enough that the bad guys constantly try and phish your financial data via email and fake websites, now cash machines are getting in on the act.

New Zealand  banking  group, BNZ, is set to deploy NCR ATM’s which use printing technology that NCR claims reduces paper consumption by as much as 45 percent, with printing on both sides of a thermal paper receipt.

Despite concerns emanating from the US about the security of ATM/EFTPOS networks, the relevant industry body claims best practices are applied in Australia. There have been no reports of such attacks in Australia, said a spokesperson.

You've probably become used to checking the card slot on ATMs for any sign that a 'skimmer' has been installed, and if you're like me you've also got into the habit of shielding the keypad when you key in the PIN. Now there are reports that criminals have found a way of capturing PINs in transit.

Many Australians have apparently reacted to the current financial crisis by abandoning or limiting their use of credit and debit cards and are now using cash as a way to control their spending, according to a study by ATM manufacturer, NCR.