ATM skimming

April 29, 2016

A Dramatic Rise in ATM Skimming Attacks

This post was originally published on this siteSkimming attacks on ATMs increased at an alarming rate last year for both American and European banks and their customers, according to recent stats collected by fraud trackers. The trend appears to be continuing into 2016, with outbreaks of skimming activity visiting a much broader swath of the United States than in years past. Two network cable card skimming devices, as found attached to this ATM. In a series of recent alerts, the FICO Card Alert Service warned of large and sudden spikes in ATM skimming attacks. On April 8, FICO noted that its fraud-tracking […]
June 23, 2021

How Cyber Sleuths Cracked an ATM Shimmer Gang

This post was originally published on this siteIn 2015, police departments worldwide started finding ATMs compromised with advanced new “shimming” devices made to steal data from chip card transactions. Authorities in the United States and abroad had seized many of these shimmers, but for years couldn’t decrypt the data on the devices. This is a story of ingenuity and happenstance, and how one former Secret Service agent helped crack a code that revealed the contours of a global organized crime ring. Jeffrey Dant was a special agent at the U.S. Secret Service for 12 years until 2015. After that, Dant […]