Tag Archives: atm skimmer device

This ATM Hack Allows Crooks to Steal Money From Chip-and-Pin Cards

Forget about security! It turns out that the Chip-and-PIN cards are just as easy to clone as magnetic stripe cards.

It took researchers just a simple chip and pin hack to withdraw up to $50,000 in cash from an ATM in America in under 15 minutes.

We have been told that EMV (Europay, MasterCard and Visa) chip-equipped cards provides an extra layer of security which makes these cards more secure

Researcher spots an ATM Skimmer while on vacation in Vienna

We have heard a lot about ATM skimmers, but it’s nearly impossible to spot one.

Some skimmers are designed to look exactly like the card slot on the original machine and attached to the front, and others are completely hidden inside the ATM.

But, during his vacation in Vienna, Austria, cyber security expert Benjamin Tedesco spotted an ATM skimmer that was totally unrecognizable.
<!–