If you’ve been following our blog for a little while, you’ve probably noticed a trend. We post a lot of articles about protecting your personal and financial information. Why? Because, we’ve seen the consequences of identity theft. And trust us, they’re not pretty!
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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 However, it no longer means they hang out until the money is withdrawn and then rob the customers.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.