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ATM Skimming

August 11, 2016

If you are traveling, especially in Europe, you need to check out this video.

Taken off the Hawaii Better Business Bureau Twitter feed @HawaiiBBB

skimmerPreview

Check out this video to see what an ATM skimmer looks like

More information from money.howstuffworks.com

ATM skimming is like identity theft for debit and credit cards: Thieves use hidden electronics to steal the personal information stored on your card and record your PIN number to access all that hard-earned cash in your account.

That’s why skimming takes two separate components to work. The first part is the skimmer itself, a card reader placed over the ATM’s real card slot. When you slide your card into the ATM, you’re unwittingly sliding it through the counterfeit reader, which scans and stores all the information on the magnetic strip.

http://money.howstuffworks.com/atm-skimming.htm

From → Consumer

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