The Square Reader has helped lower the barrier to entry for many small retailers keen to take payments on card. Now, though, new research reveals that it’s possible to turn one of the readers into a skimmer.
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.
Valentin Boanta has a lot of free time on his hands—five years worth, to be exact. That's because Boanta is currently serving a prison sentence for, according to Reuters, "supplying gadgets to an organized crime gang used to conceal ATM skimmers." So with all that time to think about what he's done, the apparently…
There's no shortage of ingenious card skimmers out on the streets to part you from your cash. But there might be a new, more direct breed of scam in town: a simple cash trap.
While there have been plenty of terrifyingly realistic card skimmers in the past, we have bad news for you: the latest breed of skimmers are so thin that they're inserted into the ATM, so you can't see them at all.