This New Card Skimmer Is Almost As Thin As A Credit Card

My suggestion one account for cash, another for the rest of your banking. Need for extra security.

TechCrunch

Good old Brian Krebs has the scoop on a new card skimmer found in Europe. How is it different? It literally fits right into the card slot of any ATM, essentially allowing unfettered access to cards as they slide through. Add in a tiny camera and you’ve got a complete card cloning system.

The skimmer is powered by a simple watch battery and uses a very small PCB and magnetic strip reader to store the numbers. Apparently the thieves didn’t remove this unit from the slot in time and it caused a fatal error in the ATM.

“It was discovered in the ATM’s card slot and the fraudsters didn’t manage to withdraw it,” the bank employee said. “We didn’t capture any hidden camera [because] they probably took it. There were definitely no PIN pad [overlays]. In all skimming cases lately we see through the videos that fraudsters capture the PIN…

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