19 August 2011

Don't let scammers skim money from your wallet | #skimmers #ATM #hackers

Before getting money out at the ATM or filling up their gas tank, Better Business Bureau advises consumers to take a minute to inspect the machine before swiping a credit or debit card. Card skimming is becoming more common.

According to the ATM Industry Association, card skimming is defined as the unauthorized capture of magnetic stripe information by modifying the hardware or software of a payment device, or through the use of a separate card reader. Once consumers swipe their card through the fake card reader, their account information is automatically sent to the waiting criminals. In addition, thieves may use hidden cameras attached near a machine to record the consumer's hand movements to obtain their personal identification number.

Read full article: http://bit.ly/qTZOY1

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