An alleged ATM skimming ring in California has been accused of stealing hundreds of thousands of dollars from U.S. bank accounts. Fraud experts say low-tech attacks easily exploit magnetic-stripe card data. Experts say skimming schemes will continue over the next 18 to 24 months as the United States’ migration toward enhanced payment-card technology ramps up and the use of magnetic stripe cards, which are more vulnerable to skimming, declines. If convicted, the defendants each face up to 30 years in prison.”]
Source: https://www.bankinfosecurity.com/atm-skimming-arrests-sign-times-a-6178