ATM skimming is the fastest-growing electronic-fraud risk, according to the U.S. Secret Service. The average skimming attack spans a timeframe of between one and two hours, losses per incident average $30,000. Some industry experts estimate skimming-related losses to be as much as three times higher. Some experts say jitter technology is outdated and only partially effective – and that banking institutions need to be exploring new security solutions. Jitter technology uses a stop-start motion, or jitter, when a card is inserted in the ATM, to make the magnetic stripe details on the card invalid.”]
Source: https://www.cuinfosecurity.com/atm-skimming-how-effective-jitter-a-2667

