~Zaria~
IB Expert
- Messages
- 1,597
- Reaction score
- 408
- Gender
- Female
- Religion
- Islam
Assalamu-alaikum all,
I have recently come across a somwhat new type of card-fraud occuring in my country, called 'Card Skimming'.
Basically, criminals are able to copy information on the black magnetic strip of your card and use that information to steal money from your account.
The device used to copy information in this manner is called a skimming device which can either be hand held or be mounted to ATM’s.
Which means that the cashier/ waiter/ fuel attendant can swipe your card through a small, concealed hand-held device to copy and store the account data.....which is later downloaded and[FONT=Univers-Condensed-Medium+2][FONT=Univers-Condensed-Medium+2] encoded on a [/FONT][/FONT][FONT=Univers-Condensed-Medium+2][FONT=Univers-Condensed-Medium+2]counterfeit card or re-encoded on a lost/stolen card.
Return to your account.....only to find that it has been wiped out!

I unfortunately cannot post a link as yet (still a newbie :hiding

I was just wondering if this is occuring in other parts of the world as well, and any solutions?
Salaam
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