EAST: Criminals Working Around Banks' Protections
DATA THEFT—EUROPENovember 19, 2010
Fraudsters are working around steps European banks have taken to prevent the skimming of ATM users' personal information, CIO reports. The European ATM Security Team (EAST) has issued a report that identifies new methods criminals are using to record payment card details. According to the report, banks in five countries have reported the existence of a new type of skimming device that records card details using a modified MP3 player.