Hackers Targeting Card Swiping Consumers

In the midst of the ongoing EMV transition comes news ofskimming scams trying to catch unwary consumers, who swipe instead of dip, and new technology making POS devices more affordable.

Brian Krebs, author of the blog “Krebs on Security,” revealed that skimmers found at Walmart stores in Fredericksburg, Va. and Fort Wright, Ky. fit over existing EMV-enabled POS devices, and even include a slot for chip cards. The overlays sell for $200 to $300 on the Dark Web.

The skimmer has a PIN pad overlay to capture the consumer’s PIN, and an instrument for recording data stored on the card’s magnetic stripe when customers swipe their cards at self-checkout aisles.

According to Krebs, Walmart began rolling out the chip card readers, which also maintained mag-stripe capabilities, last year. The hackers want to exploit customers who forego dipping their chip card for the more familiar card swiping. For the full article click here 

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