ALERT

[LAST CHANCE] Data Layer: Modern Business, Defined

Card Skimming

Definition - What does Card Skimming mean?

Card skimming is the illegal copying of information from the magnetic strips found on credit and debit cards. Card skimming is considered a more direct version of a phishing scam. Store clerks who skim cards may do so by having customers swipe their cards more than once, or by taking the card to another location within the store. Card skimming may also occur when a perpetrator rigs an ATM with a card skimmer. The end result of card skimming is unauthorized access to finances through the technique of illegal copying of debit and credit cards.

Techopedia explains Card Skimming

Over the years, card skimming has become more sophisticated and more difficult for cardholders to detect. Card skimmers now employ features such as tiny pinhole cameras to record ATM users' PIN numbers, which can be transmitted along with card data to a remote receiver.

In order to avoid card skimming, consumers must be on the lookout for red flags such as suspicious devices in ATM card slots, or store clerks who swipe cards through more than one device.

The Payment Card Industry (PCI) Data Security Standards Council works to battle card thieves through new payment proposals such as chip-based mobile payments as opposed to magnetic strips. The PCI council has also charged itself with more consumer education about the signs of card stripping, as education may be the best defense against this type of electronic crime.

Techopedia Deals

Connect with us

Techopedia on Linkedin
Techopedia on Linkedin
Tweat cdn.techopedia.com
"Techopedia" on Twitter


'@Techopedia'
Sign up for Techopedia's Free Newsletter!

Email Newsletter

Join thousands of others with our weekly newsletter

Resources
The 4th Era of IT Infrastructure: Superconverged Systems
The 4th Era of IT Infrastructure: Superconverged Systems:
Learn the benefits and limitations of the 3 generations of IT infrastructure – siloed, converged and hyperconverged – and discover how the 4th...
Approaches and Benefits of Network Virtualization
Approaches and Benefits of Network Virtualization:
Businesses today aspire to achieve a software-defined datacenter (SDDC) to enhance business agility and reduce operational complexity. However, the...
Free E-Book: Public Cloud Guide
Free E-Book: Public Cloud Guide:
This white paper is for leaders of Operations, Engineering, or Infrastructure teams who are creating or executing an IT roadmap.
Free Tool: Virtual Health Monitor
Free Tool: Virtual Health Monitor:
Virtual Health Monitor is a free virtualization monitoring and reporting tool for VMware, Hyper-V, RHEV, and XenServer environments.
Free 30 Day Trial – Turbonomic
Free 30 Day Trial – Turbonomic:
Turbonomic delivers an autonomic platform where virtual and cloud environments self-manage in real-time to assure application performance.