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Credit Card Skimming: Hi-Tech Theft

3 October 2008 No Comment Add to Technorati Favorites
Did you know that thieves can steal your card without you knowing it?

 

What is credit card skimming?

Skimming works by retrofitting a perfectly legitimate card reader (such as an ATM) with a camouflaged counterfeit card reader. The counterfeit reader records all of your card’s information as it passes through.

 

skimming1

 

The first step that thieves take is to buy skimming gear online for around $400 from one of a slew of sources - many of them legitimate companies selling credit card readers to retailers. The thief then buys a card skimmer that matches the device type he wants to attack.

skimming2 skimmer

 

The thief places a micro camera somewhere that can be camouflaged - such as a brochure holder - and yet give the camera a good view of the keypad that customers will use to input their PIN.

skim3

 

 

A keypad overlay accomplishes the same goal as a micro camera by resting over the top of an existing keypad.

skim4


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