Two Seattle-area ATM skimming schemes believed to have drained more than half a million dollars. Experts blame U.S. reliance on magnetic-stripe technology and outdated detection practices. Outdated technology and poor detection practices also play a role, experts say. Skimming is a hot issue, says NICE Actimize.com’s Ben Knieff.com/NICE.com: “They hit FIs of all sizes and geographies, can work fast and are technically quite sophisticated””]
Source: https://www.fraudtoday.io/atm-skimming-insights-on-new-attacks-a-4035