Cyber thieves target new victims with more sophisticated card skimming devices.
Cyber thieves are using more sophisticated card skimming devices to target America’s poorest consumers, often those receiving food assistance.
A skimming device reads your credit or debit card’s magnetic stripe when you insert it into a compromised machine. The device stores the cardholder’s name, card number, and expiration date. It keeps harvesting the data from all the cards that account holders insert into the reader until the skimmer collects it.
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