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ATM Fraud Gets Even More Brazen

November 23, 2010
Total Loss: Unknown

Fraud involving debit cards and personal-identification numbers is on the rise as criminals go where the cash is—even targeting banks' own automated teller machines. Techniques such as "skimming," in which criminals capture card information and personal-identification numbers, have existed for years, often on a small scale. Though the dollar losses still are relatively modest, organized gangs now are pulling off more-sophisticated attacks.

Source: WSJ
Posted in: Debit Card Fraud
Tags: debit card