Blog | G5 Cyber Security

Skimming Stopped by Bank, Merchants

Authorities believe two men carried on their scheme for at least 10 months, compromising a minimum of 175 credit cards in central Florida. After multiple fraudulent purchases totaling at least $73,500 at area Target stores, the suspects were busted by banks’ transactional fraud-detection systems and retailers’ in-store surveillance. The scheme was ultimately foiled by the criminals’ brazenness. Skimming vulnerabilities linked to card fraud in the U.S. are growing, says McAfee consultant and identity theft expert.”]

Source: https://www.cuinfosecurity.com/skimming-stopped-by-bank-merchants-a-4218

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