El Paso, TX -
There's a new technique that thieves are using to steal your credit and debit card information.
It's called shimming and it targets those who use cards that have a microchip on it.
Credit or debit cards with the embedded chips on them were released as a response to the credit card scam known as skimming.
wow... no matter the technology to keep info from scammers, they will find a way to beat it.
All the more reason to use credit rather than debit cards?
Thanks for posting this.
Nice read...i'm sure banks will start thinking on how they can improve the security on the cards by adding a second layer of security. Now we know that the metallic stripe didn't work, now the chip went $#@...wha'ts next?
I went to shell to put gas and remembered this post, i check the credit card slot before pumping lol.
I guess going inside will be safer.
Shimming is more of a nightmare than skimming as you cannot see the internally installed device and therefore, inspection is useless. I think NFC technology is a much more securer method for card payment use. Either a card by itself (like the Edge smart card) or a smart phone with NFC capability for use with apps such as Apple Pay, Google Pay, Samsung Pay or Chase Pay is the better way to go. Just my opinion.
Pardon the Youtube link, but I thought it highly relevant to this thread. I think I may just have to try this one out, and if it works, that's how I'm paying for my gas from here on out.