Here’s what an ATM scam looks like

Bradley Wint
Jun 26, 2016 1:07am AST
Photo: Ben Tedesco/YouTube

Where there’s a will, there’s a way. Credit and debit card skimming still poses a major threat as criminals find new and innovative ways of stealing information of unsuspecting customers’ cards.

In the below video, security expert Ben Tedesco was on vacation with his family in Vienna, Austria, when he came across an ATM machine with a card skimmer attached to it.

A card skimmer basically reads the information from the magnetic strip on the debit or credit card being swiped. Once the data is collected (including the pin), the thief can then copy the stolen information onto a dummy card, which can then be used in any ATM to drain as much money as possible from the customer’s account.

Most people not paying attention may have missed the fact that the green card slot was actually a custom made replica of the original. With a little force, Tedesco was able to pry it off to show us the guts, revealing a magnetic strip reader, a battery, control board, and switch.

atm-skimmer-02 atm-skimmer-01
Get your daily tech burst in your inbox!

As a bit of a disclaimer, we are not 100% sure if this was just a promo stunt, given that Tedesco mentioned that he was a security expert working for Carbon Black, but it does not discredit his claim as devices like these are quite popular and common globally.

Chip and Pin technology has helped significantly reduce card skimming (even though that method is not foolproof either), but it appears that most card fraud occurs internationally where Chip and Pin technology has not been introduced just yet.

I guess it really does pay to be a bit paranoid sometimes.

Stay in the know

Subscribe to the Try Modern Tech Daily Digest for the latest tech news stories, deals, and how-to's in your inbox!

Founder/Executive Editor
PGP Fingerprint: EF2C 9B80 085C C837 3DA3 995D A864 F801 147F E619 | PGP Key
More From Technology

You can pre-order your gold-plated iPhone X starting at $7,495, with the top model costing $70k

By - Sep 11, 2017 11:06pm AST
With the iPhone X and 8 set to be announced on the 12th, iPhone accessory manufacturers are already busy at work putting the final touches on their cases and other… Continue Reading

Half of U.S. population’s data exposed in huge Equifax data breach

By - Sep 8, 2017 12:39am AST
Equifax, a US-based credit reporting agency, has confirmed that sensitive consumer data belonging to over 143 million customers was compromised earlier this year. According to the official press release, hackers… Continue Reading

YouTube-MP3.org closes under legal pressure

By - Sep 6, 2017 11:42pm AST
Popular stream ripping site YouTube-MP3.org, will finally close its doors after being slammed with a legal complaints by 15 of the top global record labels. The site which allows you… Continue Reading