We see two main methods used by fraudsters to target ATMs – skimming and card trapping.
In a skimming attack, a criminal fits a small device in the card slot of the ATM. This little gadget captures the data from the magnetic stripe on the back of a bank card. Having also copied the PIN using a concealed camera, the fraudster puts this stolen bank card data onto the magnetic stripe of another card – a mobile phone top-up card, for example – which is then used to make cash withdrawals, usually overseas.
Card trapping occurs when a device fitted to the card slot prevents your card from being returned to you. Once you’ve left the machine, the fraudster prises the device off, taking your card.
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