Thursday, October 9, 2008

Scammers Introduce ATM Skimmers with Built-in SMS Notification

Via ZDNet -

The bust of the notorious ATM scammer going under the handle of Cha0 in early September, once again puts ATM skimming in the spotlight. Among the main insecurities scammers face while embedding an ATM skimmer, is the retrieval process of the device that is now containing the credit card details of several hundred people depending on the volume of transactions that occurred while the device was in place. How are then scammers going to minimize the risk of getting caught without having to come back at the crime scene? A recently uncovered serial manufacturer of ATM skimmer devices, seems to have solved the secure retrieval of the device issue by innovating, and introducing ATM skimmers that would automatically SMS the complete credit card details to the scammer.

How much does the device cost, how does it work, what ATM skimming tips is the manufacturer offering, and also, how can you protect yourself against ATM skimming? Let’s find out.

Starting from $8,500 and capable of sending 1,856 SMS messages — processed credit card details — without any charging the introduction of built-in SMS notification, and the ability to “call the ATM skimmer” in order to retrieve the information, is a major milestone for an ATM skimming device.

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Geezz. Make sure you check out the full Q&A via the link above.

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