ATM Skimming
http://thekojonnamdishow.org/shows/2010-03-25/atm-skimming
We learned this week that security at a local Wachovia Bank ATM in Alexandria was compromised by criminals using an ATM Skimming Device. With more than $350,000 lost every day to ATM fraud, we ask what skimmers look like, how they work, and what precautions all ATM users can take to avoid falling prey to this relatively sophisticated crime growing more popular each day.
Guests
Brian Krebs
Technology Journalist; Blogger at KrebsOnSecurity.com
Comments
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I found this show very interesting, but I don't recall it being explained how, once they have your number and PIN number, they get the cash?
Are they then cloning the card and taking out the $300 maximum per day?
Are they using the debit card numbers to order things online? (I know that when I order stuff online I usually have to type in a 3-digit number from the back of my car—which they wouldn't have)
Or are they making money by selling the numbers and PINs?