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Card & Cash Trapping - An New Alternative To Skimming

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Beware Card- and Cash-Trapping at the ATM

Many security-savvy readers of this blog have learned to be vigilant against ATM card skimmers and hidden devices that can record you entering your PIN at the cash machine. But experts say an increasing form of ATM fraud involves the use of simple devices capable of snatching cash and ATM cards from unsuspected users.

Security experts with the European ATM Security Team (EAST) say five countries in the region this year have reported card trapping incidents. Such attacks involve devices that fit over the card acceptance slot and include a razor-edged spring trap that prevents the customer’s card from being ejected from the ATM when the transaction is completed.

cardtraps-600x220.png

These devices were made to capture the ATM user’s card after the user withdrawals cash. Credit: EAST.

Full article here: http://krebsonsecurity.com/2012/11/beware-card-and-cash-trapping-at-the-atm/

I've had the ATM machine keep my card because the idiot who worked on it didn't align the cover properly. I had a replacement card the next day, thanks to the bank.

Well if they do not get you that way, try this way:

http://www.news.com.au/money/banking/european-atm-skimming-machine-your-credit-cards-new-worst-enemy-in-australian-crime-first/story-e6frfmcr-1226521141277

Apologies for the poor grammar and journalistic inadequacies, it is only a run of the mill Australian offering ie what does a cash card skimmer specifically have to do with Credit Cards? Apart from that relatively informing.

Cheers

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