Skimming Off the Top: Crime’s Easy Target

Skimming is a big business. Internationally, 40 million Euros are scammed each year through ATM scamming, and domestically the numbers are  just as high. Worldwide $8.5 billion is lost from consumers and credit card companies.

Skimming attacks almost always happen in the same way. Criminals paste a fake card reader over the actual reader. A…