Cyber Risks · Krebs on Security

How Card Skimming Disproportionally Affects Those Most In Need

Summary: States including California, Connecticut, Maryland, Pennsylvania, Tennessee, and Virginia are reporting rapid increases in skimming losses tied to chip-less EBT cards used for SNAP benefits, which store cardholder data in plain text on a magnetic stripe. Federal law bars states from replacing SNAP benefits with federal funds, so victims like a Maryland mother of three who lost nearly $3,000 generally have little recourse even when police confirm a skimmer was installed.

What you should know: A skimming crew in Sacramento targeted the high-volume cash-out window at the start of each month when EBT accounts are funded, and the stolen benefits are not restored - leaving the families least able to absorb the loss to cover it themselves.

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Topics
Data Breaches
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