When I got back from vacation in Mexico, my bank sent me an alarming email with the subject “Declined Purchases,” which struck me as weird because I didn’t get declined the whole trip. The bank listed the locations—a perfume store and an Autozone in a town I didn’t visit—and I yelled: “I’ve been skimmed!”
ATM skimmers just keep getting scarier. In his ongoing series on skimmer innovation, security guru Brian Krebs highlighted a new card skimmer—the increasingly thin device that intercepts and snags your credit card details—that's been spotted in the wild. And unlike the vast majority of skimmers that attach to or…
In a little over a decade, ATM skimmers have gone from urban myth to a wildly complex, ever-evolving suite of technologies that has the potential to be the worst nightmare of anyone with a bank account. Here's a look at how quickly skimmers have evolved—and why they're increasingly impossible to spot.
There's no better example of a petty criminal than the pickpocket, a fast-moving talent who lifts wallets as if he were picking up pennies off the sidewalk. But a profile of a veteran pickpocket in the New York Times this weekend shows that technology is destroying the art. Credit cards are just more lucrative.
It used to be that you only had to be paranoid about credit card skimmers when using an ATM. But times have changed, and the bad guys have gotten so sophisticated that they've now created realistic but fake point of sale terminals that even print an authentic looking receipt while they're collecting your credit card…
What looks like the card slot from a Chase Bank ATM is actually a sophisticated card skimmer removed from a branch in West Hills, California. And police believe a 3D printer may have been used to create it.
The above card skimmer, found on a Citibank ATM in Woodland Hills, CA, secretly scans your account information and PIN number, which it then wirelessly sends to a scammer. Would you have spotted it?