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

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. retailersAsda 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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Retail / Off-Premises Debit / Credit North America Transaction Processing Trends / Statistics Bank / Credit Union Security

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