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Started By
Message
re: Debit card skimmer on ATMs Fraud
Posted on 8/11/17 at 10:59 am to cajunangelle
Posted on 8/11/17 at 10:59 am to cajunangelle
bump for festus
Posted on 8/11/17 at 11:12 am to AUCE05
quote:
I assume you don't have the chip
Doesn't matter.
Posted on 8/11/17 at 11:16 am to AUCE05
quote:
I assume you don't have the chip
Idiot
Posted on 8/11/17 at 11:47 am to cajunangelle
Well if you are swiping, you aren't using the chip.
Wonder how long before they start mandating the switch.
Wonder how long before they start mandating the switch.
This post was edited on 8/11/17 at 11:49 am
Posted on 8/11/17 at 11:51 am to Volvagia
quote:I wonder how long until they can steal the info from your chip and reproduce it.
Wonder how long before they start mandating the switch.
Posted on 8/11/17 at 12:04 pm to cajunangelle
If it's any consolation, stolen debit card number is way easier to deal with than stolen checking account. You can just cancel the debit card, get a new one, and change your password on your account. When they start dinging your checking account, you have to shut EVERYTHING down, open all new accounts, and start from scratch. All auto payments that are scheduled have to be rescheduled, etc.
I have no idea how they stole either of mine, but I know it was via the internet and I know the detective traced the IP address back to scammers from the one of those middle eastern countries? And they use one of those sites that plugs them into different IP's to hide where it's coming from.
I have no idea how they stole either of mine, but I know it was via the internet and I know the detective traced the IP address back to scammers from the one of those middle eastern countries? And they use one of those sites that plugs them into different IP's to hide where it's coming from.
Posted on 8/11/17 at 12:04 pm to The Mick
They would basically need physical possession of the chip.
That's where the security comes from. A credit card is static, so you just need to intercept the data to make your own transactions.
Not only is the data coming from the chip encrypted, it also changes, lessening the value of stealing it.
It's similar to the concept of ApplePay's security. Who cares if you steal a number, the data is already expired and can't be used to buy anything.
It's not foolproof, but we are talking requiring close to a million in equipment to try and "hack" a chip card, and most criminals don't have that kind of access to resources.
That's where the security comes from. A credit card is static, so you just need to intercept the data to make your own transactions.
Not only is the data coming from the chip encrypted, it also changes, lessening the value of stealing it.
It's similar to the concept of ApplePay's security. Who cares if you steal a number, the data is already expired and can't be used to buy anything.
It's not foolproof, but we are talking requiring close to a million in equipment to try and "hack" a chip card, and most criminals don't have that kind of access to resources.
Posted on 8/11/17 at 12:05 pm to cajunangelle
I grab and yank the reader.
Posted on 8/11/17 at 12:06 pm to Festus
I had a check stolen and used.
I had to change account numbers.
Then I bounced all my outstanding checks because my bank sucks.
That was a shitty week.
I had to change account numbers.
Then I bounced all my outstanding checks because my bank sucks.
That was a shitty week.
Posted on 8/11/17 at 12:08 pm to Volvagia
Nice explanation.
How does the info change?
How does the info change?
Posted on 8/11/17 at 12:10 pm to Napoleon
I had not just a check, but my account hacked. When I called this bank I never heard of and told them I never opened an account, they sent me to fraud unit. They confirmed my info that was used to open the account. Not only did they have my SS#, DOB, address, etc., but they had also set all the security questions up and had the answers, like mother maiden name, etc.
And it was all done via some type of hack on my account via the internet. I hate those MF'ers.
And it was all done via some type of hack on my account via the internet. I hate those MF'ers.
Posted on 8/11/17 at 12:11 pm to Festus
quote:Stay off the porn sites!
via the internet
Posted on 8/11/17 at 12:16 pm to Count Chocula
quote:
Stay off the porn sites!
Woahhhh......let's not throw out the baby with the bath water.
Posted on 8/11/17 at 12:17 pm to The Mick
quote:
How does the info change?
I won't pretend to know the full ins-and-outs of it, but I do know that when you put a chip in, the reason why it takes longer than a swipe is because it opens a connection to the card issuer, does an encrypted handshake, and transmits the data.
There is nothing stopping data transmission in the other direction, as if your card has like an SD card.
If the number sent the next transaction doesn't match what the issuer has on file, then the transaction is declined.
So if that is how it works, it would mean that a thief would have to have a compromised terminal, decrypt the data, and clone it onto a fake card that can pass casual visual inspection, and use it before the owner of the card buys anything anywhere else.
Posted on 8/11/17 at 12:18 pm to Festus
yeah, the detective told me they use the dark web. Anybody have a link there?
Posted on 8/11/17 at 12:21 pm to Festus
I had it all done. A few years ago they got my bank account when I was at First Bank. They ping the acct for some odd money and then hit it. I quit using First Bank.
Posted on 8/11/17 at 12:28 pm to Volvagia
So does the chip already have millions of different number combinations built in already or does it basically just complete a circuit at the card issuer data bank? Hopefully my question is somewhat clear...
Posted on 8/11/17 at 12:30 pm to cajunangelle
quote:
Anybody have this happen to them? Any tips on preventing it? I heard if you pay for your gas inside-- it helps, as the skimmer machines that read your card are generally on the gas pumps.
Exactly what happened to me a couple years ago. shite was annoying.
I always pay inside now.
Posted on 8/11/17 at 12:35 pm to Volvagia
the said debit card used in my case had a chip. they tried to hit an ATM 4 times got shut down. my card was frozen and somehow they got 500 bucks in Raleigh NC. was just told they have them on ATM camera now using my card with a huge stack of cards.
Posted on 8/11/17 at 12:47 pm to The Mick
quote:
So does the chip already have millions of different number combinations built in already or does it basically just complete a circuit at the card issuer data bank? Hopefully my question is somewhat clear...
No.
It would be a random, whatever digit number given to the card by the issuer AFTER a validated transaction took place.
EDIT: Keep in mind im not sure exactly how they do it.
This is only one possibility amongst many. The point is that chip transactions are a LOT harder to spoof than swipe transactions. Look at how much lower fraud dropped after Europe switched.
This post was edited on 8/11/17 at 12:54 pm
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