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Posts Tagged ‘credit card’

ATM Skimmers Get Wafer Thin

ATM Skimmers Get Wafer Thin

Police in an unidentified European nation have retrieved wafer-thin ATM skimmers that are so small that they can be fitted inside the credit-card insertion slot. Brian Krebs describes the finding: That’s according to two recent reports from the European ATM Security Team (EAST), an organization that collects ATM fraud reports from countries in [...]

Anonymous pre-paid credit-cards and money laundering

Anonymous pre-paid credit-cards and money laundering

The $107 billion prepaid credit-card business has attracted money-launderers, according to US customs officers; what's more, the anonymous cards are exempt from border regulations that require you to disclose when you bring $10,000 in or out of the country: Visually, the cards are barely distinguishable from credit or debit cards and the most [...]