Security team sees evolution of skinny slot-fitting ATM skimmers
Wednesday, July 25, 2012 - 11:33
in Mathematics & Economics
(Phys.org) -- Yet another ATM card-reading heist technique to worry about: Thieves have evolved their ATM techniques in coming up with skinny skimmers to work inside the ATM that are so small they can be fitted inside the credit card insertion slot. They record the data stored on the magnetic stripe on the back of the card as it is slid into a compromised ATM. The skimmers when equipped with a secondary component also record ATM customers entering their PINs, such as with a PIN pad overlay or hidden camera. The news was revealed, as police in an unidentified European nation retrieved the wafer-thin skimmers.