In the “good old days,” scams were easy to spot. They came in the form of a poorly written email or a suspicious phone call. Things have definitely changed! Much of the world has gone mobile, and so have the bad guys.
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A thief stealing from unsuspecting ATM users is not new. However, it no longer means they hang out until the money is withdrawn and then rob the customers. The current trend is ATM Skimming. A crime ring in New York compromised over 26,000 transactions of 1,400 issuers in this manner. Losses were in the range of $3.5 million. Recently Wichita, Kansas’ police found seven card skimmers at various financial institutions in the city.