bank card cloning?

Question

Has anybody been a victim of this? How do they do it? And did you get the money back?

Answer 1

To all readers: ATM fraud presently requires two devices that are commonly used:

- A mini camera located anywhere along the top edge of the ATM. This is usually well concealed and sometimes on the box encasing the ATM.
This is used to record name and pin entries into the machine that the card user punches in real time.

- A second device is a boxed or similarly shaped slot securely fastened onto either the top edge of the ATM card entry point or less commonly, directly on top of the card entry point.
When the user's card goes into the ATM card entry point, the barcode along the card edge is imprinted into a scanner located in that box.
This is to imprint the digital signature for replication onto a card machine the fraudsters have. The print is subsequently decoded and replicated onto a blank card.

With user ID and card, they are good to go. The process is called "skimming".

Note:
Never discard ATM receipts alone. The bank account number is a piece of the puzzle required by fraudsters.
The fraudster's card reader is usually matched to the design of the machine and pretty secure, as if it were part of the real ATM.

Call your bank and notify them of the tempered slot.

Answer 2

ATM fraud presently requires two devices that are commonly used:

- A mini camera located anywhere along the top edge of the ATM. This is usually well concealed and sometimes on the box encasing the ATM.
This is used to record name and pin entries into the machine that the card user punches in real time.

- A second device is a boxed or similarly shaped slot securely fastened onto either the top edge of the ATM card entry point or less commonly, directly on top of the card entry point.
When the user's card goes into the ATM card entry point, the barcode along the card edge is imprinted into a scanner located in that box.
This is to imprint the digital signature for replication onto a card machine the fraudsters have. The print is subsequently decoded and replicated onto a blank card.

With user ID and card, they are good to go. The process is called "skimming".

Note:
Never discard ATM receipts alone. The bank account number is a piece of the puzzle required by fraudsters.
The fraudster's card reader is usually matched to the design of the machine and pretty secure, as if it were part of the real ATM.

Call your bank and notify them of the tempered slot.

Answer 3

Cloning is dead simple for the fraudsters. If your card is cloned and then used banks can usually find out if it was cloned or not. Identity theft protection is really cheap, around £30 per annum, and some banks give it free with their top line packaged accounts.

Answer 4

Most banks in america offer fraud protection with their atm cards now. If you're card is stolen or the number is taken and used by someone else you are not liable for it. The bank eats it as a part of gaining your business.

Answer 5

as long as you report your card stolen or missing, most banks will freeze the zccount , and guarntee protection, HOW DO THEY DO IT - TOP SECRET !,

Answer 6

no