Five people arrested in Westchester, New York, face felony charges related to ATM skimming scheme. Skimming experts say skimming is a problem that needs more attention from the federal government. Experts say banks continue to miss a lot of fraud, and keeping up with ATM fraud trends has become overwhelming. No industry-wide strides have yet been made to implement chip and PIN or EMV technology in the U.S., expert says. Financial institutions will then be faced with more regulation, expert Jerry Silva says.”]
Source: https://www.cuinfosecurity.com/1-million-atm-fraud-scam-busted-a-4274