Wednesday, March 31, 2004
BBC NEWS | Wales | Cash machine scam spreads
Unfortunately, the kind of scam that Russell mentions below involving compromised card readers has already happened - fraudsters have attached scanning devices to the slots of cash machines that read the card as it goes in. The PIN for the card is also obtained by simply watching or having a concealed camera in place. A cloned card can then be used to obtain cash.
So, no we can't always trust the machines. The only comfort in scenarios such as this is that the customer would not usually be liable for any losses.
Unfortunately, the kind of scam that Russell mentions below involving compromised card readers has already happened - fraudsters have attached scanning devices to the slots of cash machines that read the card as it goes in. The PIN for the card is also obtained by simply watching or having a concealed camera in place. A cloned card can then be used to obtain cash.
So, no we can't always trust the machines. The only comfort in scenarios such as this is that the customer would not usually be liable for any losses.
(c) 2003-2005 Russell Beale
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