One example of a skimming device that's been ripped from an ATM. Diebold thinks that changing the orientation of a machine's card reader will help stop skimming. (photo: Aaron Poffenberger)

Can ATM Operators Beat Skimmers By Simply Rotating Card Readers 90 Degrees?

For decades, we’ve been sliding our credit and debit cards into ATMs with the shorter side of the card entering the reader. All this while, ID thieves have been improving their card-skimming devices to fit this well-established mold. The skimmers have gotten smaller, sleeker, and smarter, to the point where even a trained eye might be fooled. So what’s the best way to upend all those years of hard work by the bad guys? According to ATM biggie Diebold, it’s just as simple as turning the reader 90 degrees. [More]

MasterCard Extends Zero-Liability Policy To ATM & PIN Transactions

MasterCard Extends Zero-Liability Policy To ATM & PIN Transactions

While both MasterCard and Visa have zero-liability policies for fraudulent transactions made by swiping a card or using the card number online or over the phone, that same level of protection has not been afforded to all cardholders for bogus ATM withdrawals or PIN-based purchases. However, MasterCard announced today that it is extending the zero-liability policy in the U.S. to include these two types of transactions. [More]

Victoria’s Secret Worker Accused Of Stealing, Selling Customers’ Credit Card Information

Victoria’s Secret Worker Accused Of Stealing, Selling Customers’ Credit Card Information

While you might be on the lookout for credit card skimmers installed at the ATM, a gas station pump or even a public transit kiosk, you likely wouldn’t expect a retail associate to wield such a weapon against customers. But police say one Victoria’s Secret store clerk did just that, skimming information from unsuspecting patrons and selling it to an alleged cohort. [More]

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Visa, FICO Warn Card Issuers Of More Sophisticated ATM Crimes

Card skimmers have been around for a while. And while they may have gotten smaller and harder to detect, the people using the skimmed data were generally limited to how much cash they could pull out of victim’s accounts in a day. And so a new breed of criminal has figured out a way to steal hundreds of thousands of dollars from ATMs. [More]

Secret Service Says ATM Card Skimmers Are More Popular Than Ever

Secret Service Says ATM Card Skimmers Are More Popular Than Ever

Even though consumers are more aware of ATM card skimmers, which record customers’ account data with the intention of using it to make fraudulent purchases and withdrawals, the money-and-President-defending folks at the Secret Service say the use of these illegal devices is actually on the rise. [More]

Meet The Card Skimmer That Might Make You Think Twice About Ever Using An ATM Again

Meet The Card Skimmer That Might Make You Think Twice About Ever Using An ATM Again

Once upon a time, identity thieves hoping to capture victims’ debit and credit card information had to resort to clunky, sometimes obvious skimming devices. But as consumers have grown more savvy about how to identify a possible skimmer, the devices have evolved to a point where some are all but impossible to detect by the naked eye. [More]

Card Skimmers At 23 California Supermarket Locations Steal Thousands Of Dollars From Customers

Card Skimmers At 23 California Supermarket Locations Steal Thousands Of Dollars From Customers

A flood of residents in California are reporting thousands of dollars stolen from their bank accounts, after credit card skimming machines were found in the self-checkout lines of 23 Lucky Supermarkets stores. [More]

Customer Discovers Card Skimmer On Bank ATM

Customer Discovers Card Skimmer On Bank ATM

When most of us think about illegal card skimmers on ATMs, we think of free-standing cash machines at convenience stores or on the street. But a sharp-eyed bank customer in Massachusetts spotted a skimmer at the last place you’d expect one: the bank. [More]