Police investigating a card skimming gang targeting automatic teller machines (ATMs) in Sydney and are seeking assistance from the public.
‘Card skimming’ is the illegal copying of information from the magnetic strip of a credit or ATM card. It is a more direct version of a phishing scam.
The scammers try to steal your details so they can access your accounts. Once scammers have skimmed your card, they can create a fake or ‘cloned’ card with your details on it. The scammer is then able to run up charges on your account.
Card skimming is also a way for scammers to steal your identity (your personal details) and use it to commit identity fraud. By stealing your personal details and account numbers the scammer may be able to borrow money or take out loans in your name. ACCC on Card Skimming in Sydney ; In UK Police hunt Romanian ATM thieves
In the US The FTC announced its top 10 consumer complaints for 2013 today. Of the more than 2 million consumer complaints received…
NSW Police might be able to obtain images of ATM card skimmers who are defrauding bank customers across Sydney.
- Identity theft leads the field, with 14 percent of total complaints filed. Thirty percent of those were tax- or wage-related, which continues to be the largest category within identity theft complaints.
In October 2013, KrebsOnSecurity published an exclusive story detailing how a Vietnamese man running an online identity theft service bought personal and financial records on Americans directly from a company owned by Experian, one of the three major U.S. credit bureaus. Today’s story looks deeper at the damage wrought in this colossal misstep by one of the nation’s largest data brokers.
NSW Police might be able to obtain images of ATM card skimmers who are defrauding bank customers across Sydney.
During February 2014, card-skimmers installed sophisticated devices on to ATMs in the Sydney metropolitan area. Allegedly on 19 February this device took details of CBD customers who used NAB's ATM on the corner of Castlereagh St and Liverpool St.