Thursday, March 22, 2012

Faster Than A Russian Mobster With A Sledgehammer: Today's ATM Skimmers

eTips & Traps: ATM skimming, at a bank near you

  • EdocMasters LLC

  • With Andy Thibault

    Back in the old days — mid-1990s — Russian mobsters trained with sledgehammers to take out ATMs in seven strategic whacks. They had a solid run in Fairfield County, Connecticut.

    Now, they are a lot quicker and more difficult to detect.

    In the digital age, the FBI reports that Eurasian and other crime groups have refined the practice dramatically. They install hidden card readers that blend in to the façade of ATMs. These devices read your information as you insert the card into the ATM. Every keystroke is recorded ...

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