Sunday, 29 January 2017

'Shimmers' that fit invisibly in chip card readers are the latest tool of fraudsters

'Shimmers' that fit invisibly in chip card readers are the latest tool of fraudsters

Consumers and retailers be on guard: there's a new and more devious way for fraudsters to steal your credit and debit card information. "Shimmers" are the newest form of credit card skimmers, only smaller, more powerful and practically impossible to detect. And they're popping up all over the place, says RCMP Cpl. Michael McLaughlin, who sounded the alarm after four shimmers were extracted from checkout card readers at a Coquitlam, B.C., retailer.
Read more: http://www.cbc.ca/beta/news/canada/british-columbia/shimmers-criminal-chip-card-reader-fraud-1.3953438?source=Snapzu

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