Cyber Risks · Krebs on Security

Crooks Rock Audio-based ATM Skimmers

Summary: The European ATM Security Team found that 11 of the 16 European nations it covered saw increases in ATM skimming attacks last year, and that a new analog audio-based skimmer has been reported by five countries, two of them major deployers with more than 40,000 ATMs. The device mounts on plastic over the card reader throat and uses audio technology, understood since a 1992 Phrack issue, to record magnetic-stripe data, while a separate embedded micro camera captures the PIN.

Key Takeaway: One vendor sells these MP3-player-powered skimmers with 'full support after purchase' and 10-15 second installation, but the recorded audio files are encrypted and useless without his paid decryption service - so the criminal gains a recurring revenue stream on top of the stolen card data.

Read the original at Krebs on Security ↗

Topics
Data Breaches
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