Blog | G5 Cyber Security

Skimmer, ATM, Transmits Stolen Data Via Text Message

Traditional ATM skimmers are fraud devices made to be placed over the top of the cash machines card acceptance slot, usually secured to the ATM with glue or double-sided tape. Financial institutions are tweaking their technologies to detect anything placed over machines. As a result, more fraudsters are selling and using insert skimming devices. Skimmers capture payment card data from the magnetic stripe on the backs of cards inserted into a hacked ATM. The data allows thieves to fabricate new cards and use PINs to withdraw cash from victim accounts.”]

Source: https://gbhackers.com/atm-insert-skimmer-near-look/

Exit mobile version