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Skimming Big Business targeting Big Business
Skimming means more than just cutting fat off steak; it’s also when a thief obtains data from that magnetic strip on the back of your credit card (or debit or ATM card).

The thief records and copies this data with a counterfeit card reader onto a blank card’s strip, and then makes purchases or cash withdrawals with this fraudulent card—in the account holder’s name.
Skimming takes place at ATMs, taxis, gas stations, restaurants, retail stores—any place where an employee will swipe your card to make your purchase. A credit/debit/ATM card reader can be fitted with a skimmer by the thief. Or, the thief can skim your card using a handheld skimming device.
Next time you hand your card to a clerk, watch it very carefully. At one gas station, two attendants skimmed dozens of customers’ cards with a square-shaped device the size of a dime, then sold the stolen information.
There are several ways to skim this cat:
An employee skims a card, then sells the stolen data, usually online on illegal “carding sites.” The skimming or scanning device can be tiny, hidden in the hand. Other skimming devices are superimposed on an ATM’s “mouth” to collect information when customers ... more

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