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Skimmers have been used by crooks for years to steal credit and debit card information during ATM transactions. The devices have traditionally been somewhat easy to spot given their sheer size but as technology advances and electronics get smaller, so too do ATM skimmers. Krebs on Security recently took a look at some miniaturized fraud devices that were discovered to be in use at various ATMs across Europe this year. Whereas previous implementations were designed to fit on top of a machine's existing card slot, revised units like the one pictures below actually lie inside the card slot which makes them almost impossible to spot. Once your card is inserted, the device swipes the magnetic strip to steal your credentials.
originally posted by: zilebeliveunknown
POST REMOVED BY STAFF
originally posted by: andy06shake
a reply to: LightningStrikesHere
Just saying, where do we get 99% of said cash?
For most of us the answer is an ATM simply because who has time to stand in line in the bank? Not many I imagine. Then there is the fact that banks simply are not available 24/7.