New York City's automated teller machine security legislation, which took effect in February, appears to have had little effect on ATM crime, according to yearend projections of a college professor who tracks ATM crime.

Each year since 1990, New York has seen an average of about 340 robberies or attempted robberies of customers at ATMs. The number in 1992 - 277 - was a three-year low.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.