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Have you been ‘skimmed’? – credit card fraud explained – utalk

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Albina, from Geneva, asks what ‘skimming’ is and how she can protect herself from it.

Laurence Binther, of Europol’s European Cybercrime centre, explains that ‘skimming’ is the theft of data from a credit card’s magnetic strip.

Binther continues: “Fraudsters use special electronic devices – placed on payment terminals, ATMs and automated fuel dispensers – to capture the data cards’ magnetic strips, which is then easily falsifiable.

“Since the introduction of Chip and PIN in Europe in 2010 ba…
READ MORE : http://www.euronews.com/2015/06/05/have-you-been-skimmed-credit-card-fraud-explained

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