SCAM ALERT: New Shimming Scam Targets Chips In Credit Cards
By Josh Cascio, FOX 13 News // May 6, 2018
ABOVE VIDEO: Shimming is the latest scam targeting people who use credit cards to make everyday purchases.
(FOX 13) – Shimming is the latest scam targeting people who use credit cards to make everyday purchases.
Shimming is a new way for scammers to steal credit card information, according to Bryan Oglesby, with the Better Business Bureau.
Scammers insert a super-thin device, containing a microchip and flash storage, into the machine that reads the chip on your credit card. The shim copies and then saves your information.
“Consumers are using these new chip cards and inserting into slots. This is their new way of reading the magnetic strip when they insert in that slot,” said Oglesby.
There has been a growing number of cases across the U.S.
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