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Bank ATMs are easy targets for criminals

Thursday, April 3, 2014 - 10:43 AM
From Problem Bank List:
As if banks didn’t have enough problems to worry about, a recent government report reveals that theft from ATM machine was become a widespread problem. The alarm bell on ATM fraud was sounded by an organization that most Americans have never heard of – the Federal Financial Institutions Examination Council (FFIEC) – which acts as a regulator of other numerous regulatory bodies.   The FFIEC is empowered to prescribe consistent standards for the examination of financial institutions by such powerful regulatory agencies as the FDIC, the Federal Reserve, Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency.

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Read the warning from the FFIEC
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