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NYPD Trials New Skimming Detection Device “Skim Reaper”

A computer science professor and two graduate students invented a device used to check ATMs and card readers to detect the presence of a skimming device. Dubbed the Skim Reaper, the New York Police Department has been using a handful of these devices since February to combat card skimming. Card skimming at ATMs, gas pumps

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Expect Fraud Rings to Focus More on Skimming This Year

According to some security experts fraud resulting from card skimming will further increase in 2012 as fraud rings continue to exploit the magnetic-stripe. Read More

 
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