Preventing Card-Skimming Identity Theft

Skimming is one of the financial industry'sare equally vulnerable to this type of scam.
fastest-growing crimes, according to the U.S. SecretA customer at a New York City bank discovered a
Service. The worldwide ATM Industry Associationskimming device on the face of an ATM, and went
reports over $1 billion in annual global losses from creditinside the bank to inform the branch manager. The
card fraud and electronic crime associated with ATMs.manager, who had never seen an ATM skimmer and
Skimming can occur in a few different ways. Thewasn't sure what to do, took the skimmer and thanked
most common is when a store clerk takes your cardhim. The customer then remembered, from numerous
and runs it through a device that copies the informationreports about ATM skimming, that there is usually a
from the magnetic strip. Once the thief has the creditsecond part to the ATM skimmer, the camera. In this
or debit card data, he or she can place orders overcase, he found it behind a small mirror that alerts the
the phone or online. Thieves can also copy the data onATM user to beware of "shoulder surfers." He brought
blank cards, or "white" cards. White cards arethe camera to the bank manager, who replied by
effective at self checkouts, or when the thief knowssaying, "Maybe we should shut that machine down,
the clerk and is able to "sweetheart" the transaction. Ahuh?" The bank manager contacted bank security,
white card can also be pressed with foils to look like ashut down the machine, and alerted other area banks.
legitimate credit card, as seen in this video.To help combat this type of crime, ADT unveiled the
The PCI Security Standards Council provides guidelinesADT Anti-Skim ATM Security Solution, which helps
designed to help merchants securely store andprevent skimming attempts and detects skimming
transmit card account data and prevent it from fallingdevices on all major ATM makes and models. ADT's
into the hands of criminals. Retailers who fail to complyanti-skim solution is installed inside an ATM near the
with PCI's standards can be fined up to $500,000 bycard reader, making it invisible from the outside. The
credit card providers such as Visa and MasterCard.solution detects the presence of foreign devices
PCI recently released a series of recommendationsplaced over or near an ATM card entry slot, without
for the prevention of skimming scams. "Skimming isdisrupting the customer transaction or operation of
becoming a widespread problem. These are guidelinesmost ATMs. It can trigger a silent alarm for command
for what retailers should be looking at with their readercenter response and coordinate video surveillance of
devices", says Bob Russo, general manager of the PCIall skimming activities. Also, the technology helps
SSC. "We discuss different techniques for protectingprevent card-skimming attempts by interrupting the
those point-of-sale devices."operation of an illegal card reader. This technology
The PCI Council's "Skimming Prevention: Bestdoes not require any software adjustments be made
Practices for Merchants" guidelines include a riskto the ATM itself, and does not connect to or affect
assessment questionnaire and self-evaluation forms tothe ATM communications network. Prior to its North
gauge susceptibility to these types of attacks and toAmerican introduction, the ADT Anti-Skim ATM
determine where they need to shore up theirSecurity Solution was successfully field tested on
defenses. The guidelines cover how to educate anddozens of ATMs of four major U.S. financial institutions
protect employees who handle the point of salein controlled pilot programs. Testing pilots yielded
devices from being targeted, as well as ways topositive results, with no known skimming compromises
prevent and deter compromise of those devices. Theyoccurring.
also detail how to identify a rigged reader and what toYou can protect yourself from these types of scams
do about it, and how physical location of the devicesby paying attention to your statements and refuting
and stores can raise risk.any unauthorized transactions within 60 days. When
Thieves can completely replace a merchant's point ofusing an ATM, pay close attention to details, and look
sale terminal with a device that is rigged to record orfor anything that seems out of place. If your card gets
divert card data wirelessly, or simply store the datastuck in the machine or you notice anything odd about
until the criminal comes back and removes it. (This isthe appearance of the machine, such as wires, double
what happened to Stop and Shop.)sided tape, error messages, a missing security camera,
Criminals can also place a device on the face of anor if the machine seems unusually old and run down,
ATM, which appears to be a part of the machine. It'sdon't use it. Don't use just any ATM. Instead, look for
almost impossible for civilians to know the differenceATMs in more secure locations. Use strong PINs, with
unless they have an eye for security, or the skimmerboth upper and lowercase letters, as well as numbers.
is of poor quality. Often, the thieves will hide a smallAnd invest in identity theft protection. Not all forms of
pinhole camera in a brochure holder near the ATM, inidentity theft can be prevented, but identity theft
order to extract the victim's pin number. Gas pumpsprotection services can dramatically reduce your risk.