ATM fraudsters in U.S. target U.K. retailers

ATM fraudsters in U.S. target U.K. retailers
Tags: Bank / Credit Union, Debit / Credit, North America, Retail / Off-Premises, Security, Transaction Processing, Trends / Statistics
September 2, 2008

I.T. Vibe: After successfully cloning U.S. credit and debit cards (after stealing card details from compromised ATMs), criminals are trying to use them at self-service checkout systems in U.K. supermarkets. About 2,300 false cards are suspected to now be in existence. U.K. retailers Asda and Tesco are already aware of the scam, which involves asking for "cash back" rather than buying groceries or high-value goods.

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