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Android Phones Used To Skim Credit Card Data

June 25, 2014

Skimming is the act of stealing the information off of a credit card. Previously, skimming required reading the data off the magnetic stripe on the card. This involved a secondary card reader either in an ATM or at a place of business. Now, the CBC in Canada says that with an Android app from Google Play, they were able to steal information off a credit card with a smart chip.

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ATM Fraud Continues To Spread

June 25, 2014

Some of the same tricks used to steal user credentials from ATM machines are now being used to steal them from ticket machines and elsewhere, warns the European ATM Security Team (EAST) in their latest warning.

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Skimming Attack Hacks PIN Pads

June 24, 2014

On Wednesday, Michaels, a nationwide art supply store, reported card swipe units at its point-of-sale (POS) terminals coast-to-coast had been compromised, allowing criminals to steal credit and debit card numbers and associated PINs from its customers.

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Square Nightmare: The Innovative App That’s Leading to Card Skimming

June 24, 2014

VeriFone, an electronic payment firm, launched a surprising attack on the hot Square mobile payment application that has been generating high-tech buzz recently. In an open letter urging Square to recall their product, VeriFone claimed that private consumer data is easily made vulnerable because their hardware is full of serious security loopholes.

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