Cyber Risks · Krebs on Security

Getting Skimpy With ATM Skimmers

Summary: A Ukrainian seller on a private crime forum listed an audio-based ATM skimmer for $2,450, built from an MSR-605 magnetic stripe reader available online for about $200, a flash drive, and a modified miniature spy camera hidden under a fake fascia to record PIN entry. Forum members called the price grossly inflated and the seller cut it while defending the device, and two young men in Russia were arrested earlier this year using a skimming set remarkably similar to this model.

What you should know: The core card-reading component is a $200 retail device sold on Newegg and Amazon, so the barrier to assembling a working skimmer is price and integration, not access to specialized hardware.

Read the original at Krebs on Security ↗

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Data Breaches
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