Skimming fraud @ 0.023% in NL
Some dry financial crime numbers (will compensate this post with a more frivolous post later). The Minister of Finance in the Netherlands, Europe, asked the Netherlands’ Association of Bankers to...
View ArticleSkimming the skimmers
The ‘Wired’ October issue has an article on skimming; “What’s your magstripe worth?”. Florida is apparently a hotspot for skimming. It could also be the case that skimming is prevalent all across the...
View ArticleThe ATM strikes back
A recent survey by security vendor Actimize shows that almost 70 percent of financial institutions experienced an increase in ATM/debit card fraud claims in 2008 compared to 2007. Twenty-three percent...
View ArticleBuy an ATM and go for it
Heard the story of criminals setting up their own ATM in town to get your card data and PIN number so they can plunder your account? It happened (and not just once). Experts call it a “Ghost ATM”. It...
View ArticleATM Hacking
So you want to get money out of an ATM that is not yours. What will be your weapon of choice? Blow it up (and hope that the bills are still worth something and you live to spend them) or start skimming...
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