Credit Card Skimming

in #burghtown • 7 years ago

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With security 🚨 breaches at an all time high, you would think things couldn't get much worse.

Enter 💳 skimming!
Thieves attach a device to machines 🤖 which utilize the strip on the back of credit/debit cards. These devices are able to duplicate the information used to access your bank account. Fortunately, there is no transmitter used in conjunction, therefore the info is stored on the device in the ATM and not sent to a server where it could be duplicated elsewhere.

https://www.google.com/amp/amp.wpxi.com/news/top-stories/bank-card-skimmer-found-on-gas-station-atm/526649340

At the dismay of any victims, this cupplled with the recent Equifax dilemma, puts another notch in the belt of crypto currencies 💴 which are proving to be more secure than ever.

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