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Full Version: ATM SKIMMING DEVICE
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ATM SKIMMING DEVICE


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WHAT IS SKIMMING



Skimming is a process of speed reading that involves visually searching the sentences of a page for clues to meaning. For some people, this comes naturally, and usually can not be acquired by practice. Skimming is usually seen more in adults than in children. It is conducted at a higher rate (700 words per minute and above) than normal reading for comprehension (around 200-230 wpm), and results in lower comprehension rates, especially with information-rich reading material.


ATM Fraud Techniques – Card Theft


Criminals use a variety of card trapping devices.
Encased in a plastic transparent film.
Inserted into the card reader throat.
Hooks attached to prevent card from being returned to consumer.


ATM Fraud Techniques – Skimming Devices


Devices used by criminals to capture stored data in magnetic strip of the card.
Most frequently used method of illegally obtaining card track data.
Read and decipher info on magnetic stripes through the application of small card readers in close proximity or on top of the actual card reader input slot.


Facts on skimming devices


. Skimming devices are normally attached to ATMs during quiet periods, e.g. early morning / late evening

.Length of time skimming devices are attached can vary, but normally no longer than 24 hours.


•Successful skimming requires both a card skimmer (card reader) & camera (PIN capturing device) to be fitted to the ATM in order to steal card data


•Downloaded information can be transmitted wirelessly to other devices.
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