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Citibank card fraud - magnetic strip to blame?
News The technique is known as skimming. Martin McMillan, CEO of Level Four, a company that builds software and testing tools for ATMs, said: "If you were to have a chip-only card, skimming would disappear. [10 Mar 2006]
Debit card fraud spree linked to security breach
News Wolferseder said: "I thought that the thefts may have involved a skimming device installed at local ATMs. A spate of fraudulent debit card charges in Massachusetts, New Mexico and Bermuda is being linked to a case that... [08 Mar 2006]
Leader: Keep ahead of the fraudsters
Leader But the magnetic stripe isn't as secure as the chip - so experts are warning that counterfeiting techniques such as 'skimming' (where fraudsters make a copy of the code on a magnetic stripe) may still be with us for a... [07 Feb 2006]
Chip and PIN doesn't mean the end of the war on card fraud
News Martin McMillan, CEO of Level Four, a company that builds software and testing tools for ATMs, said: "Skimming is an altogether different but related problem. If you were to have a chip-only card,... [07 Feb 2006]
All US passports to be RFID chipped
News To address citizens' concerns about ID theft, the Bush administration said the new passports will be outfitted with "anti-skimming material" in the front cover to "mitigate" the threat of the information being... [26 Oct 2005]
Crime bosses plot smarter fraud attacks on banks
News Banks have been warned to prepare for a new wave of more sophisticated fraud attacks from organised criminals. Fraudsters will start developing more sophisticated attacks as they move on from simple phishing frauds, according to John... [18 Oct 2005]
Environment Agency cleans up with CRM
Case Study She said: "We are skimming off enquiries and solving them without going to the technical teams, the people who are out inspecting or collecting samples who would [otherwise] have to handle fairly basic enquiries. [29 Sep 2005]
Online security - we must remain vigilant
Comment Ng Kok Meng used a skimming device, which captures data from a customer's ATM card, to gain illegal access into the account. A recent online theft case highlights the risks of internet banking - and reminds us that... [25 Feb 2005]
£400m card-fraud fight aided by intelligence systems
News She said that while the industry was attempting to tackle new fraud techniques, people should be alert for card skimming and 'bin raiding' ID theft. UK credit card fraud has dropped for the first time in eight years to... [09 Mar 2004]
Robot guard dog invented to police Wi-Fi networks
News A strange two-wheeled creature was skimming through the halls of the Alexis Park Hotel, Las Vegas on Sunday - a robot that sniffs out network vulnerabilities. Created by two members of a loose association of security... [05 Aug 2003]
SMS dating a real revenue spinner in India
News According to Rohit, the firm could be merely skimming the surface in terms of revenues as these applications are now confined to post-paid customers. A mobile virtual dating service called TrackUrMate has helped... [13 May 2003]
It's a Linux world after all
Comment Linux specialists, though, are having a harder time than many established computing companies in skimming revenue out of all that business. New York this week will play host to all things Linux, as advocates of the open... [20 Jan 2003]
