Detecting Cloned Cards at the ATM, Register

Credit to Author: BrianKrebs| Date: Mon, 14 May 2018 15:24:38 +0000

Much of the fraud involving counterfeit credit, ATM debit and retail gift cards relies on the ability of thieves to use cheap, widely available hardware to encode stolen data onto any card’s magnetic stripe. But new research suggests retailers and ATM operators could reliably detect counterfeit cards using a simple technology that flags cards which appear to have been altered by such tools.

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