Today the BBC report about a credit card skimming scam that has been found in Hull.
Now whilst I haven’t blogged about this before I’ve been saying it’s possible since the new machines arrived.
The scam is quite easy.
Step One, get a card reader like the ones at Tescos which is attached to the till screen. These readers are two-in-one it reads both the magnetic strip and the chip.
Step Two, add the classic skimming device to the top of your slider.
Step Three, place a camera or get someone to look at the PIN being entered.
Step Four, clone the card onto a Tesco Clubcard
Step Five, wander into the High Street to an old cash-point (one that won’t read any chips) and enter the PIN you’ve stolen.
Step Six, take the cash and run.
To be truthful this may not work, it’s not exactly like I’ve tried to test it. However there are steps you can take to ensure it never happens to you.
Never let your card out of your hand. With the new chip-and-pin machines only you should need to handle the card. Don’t give it to the till staff at the supermarket, nor give it to the waitress at the restaurant. Make sure you place it in the machine and that you take it out. Chip-and-pin machines are shallow and can’t read the magnetic strip data.
Never let anyone see your PIN. Place your hand over the top and move your body to ensure no-one behind you can see.
Finally if you do spot anything odd on your bank statement phone your bank straight away.