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Cyber Risks · Krebs on Security

Simple But Effective Point-of-Sale Skimmer

Summary: A fraudster is selling a simple point-of-sale skimmer that is little more than a false panel sitting atop the PIN pad and the card-swipe area of a late-model Verifone terminal. The overlay hides a tiny battery and flash storage card underneath that capture key presses and the data stored on each swiped card's magnetic stripe, and the seller prices these devices in the thousands of dollars on semi-private underground forums.

Why it matters: The device can be installed and removed in the blink of an eye, which makes it a tempting buy for a crooked employee or for thieves posing as customers - the same approach used in Florida, where fraudsters installed hardware register skimmers at Nordstrom stores while co-conspirators distracted sales personnel.

Read the original at Krebs on Security ↗

Topics
Fraud & Scams
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