Chip Card ATM ‘Shimmer’ Found in Mexico
Summary: Fraud experts in Mexico discovered a skimming device called a "shimmer" that inserts into an ATM's card acceptance slot and reads data directly off chip-enabled cards, sitting between the card's chip and the ATM's chip reader. According to Mexico-based security firm Damage Control, the device was found inside a Diebold Opteva 520 with a dip reader, inserted from outside the ATM with no access to its internals.
What you should know: The shimmer captures chip data including the iCVV, and NCR's Charlie Harrow said the finding suggests thieves plan to target an issuer where they know the CVV is not going to be checked - meaning the counterfeit magnetic-stripe cards cloned from that data may work at ATMs where that check is done incorrectly or not at all.
Read the original at Krebs on Security ↗
- Topics
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