skimming
| 1:00AM 4/23/2012
On Tuesday morning, my wife and I discovered our Chase Bank account had been hacked. By that afternoon, I realized we were part of something much bigger. But even a data breach that affected up to 1.5 million accounts is only the tip of the bank fraud iceberg.
| 4:00PM 3/18/2011
Glue is the weapon of choice in a new ATM scam that drains victims of their money at machines that have touchscreens.
Thieves glue down the "enter," "cancel," and "clear" buttons on an ATM's keypad. When victims go to use the keypad, they enter in their number and...realize the keys are stuck....
| 2:00PM 12/22/2010
An unusual investigation of non-bank automated teller machines in Massachusetts has found more than 300 ATMs operating without a license, and another 101 legal ones doing business despite various violations among their owners.
Non-bank ATMs are typically located in convenience stores, service...
| 1:30PM 7/20/2010
Arizona Attorney General Terry Goddard is warning consumers about using gas pumps and ATMs equipped with electronic devices to steal information from credit or debit cards. Known as "skimming," the small devices record credit or debit card numbers off magnetic strips as the consumer pays for gas or...
| 2:30PM 7/07/2010
A couple of weeks ago, Chinese police arrested a man who installed a fake ATM in Beijing that managed to steal the account information of unsuspecting customers -- information that was later used to empty their bank accounts.
The ATM, which was purchased from a legitimate manufacturer, was...
| 10:00AM 2/25/2010
We've all heard of crooks installing skimmers on ATM machines to steal debit card information, including pin numbers, but a new scheme has been uncovered that is much harder to detect and it happens at a place you might equate with highway robbery -- the gas pump. Reports have come in from across...
| 10:00AM 2/16/2010
A ski mask, a gun and a getaway car -- used to be, that's all you needed to pull off a bank robbery. But nowadays, that's so old school.
In what's becoming an increasingly common practice, if you're planning to rob a bank, an ATM skimmer is the way to go. And as terrible as it is for customers,...