Crooks Hack Music Players For ATM Skimmers

tsu doh nimh sends in a report that criminals increasingly are cannibalizing parts from handheld audio players and cheap spy cams to make extremely stealthy and effective ATM skimmers. These are devices designed to be attached to cash machines to siphon card +PIN data. "The European ATM Security Team (EAST) found that a new type of analogue skimming device — using audio technology — has been reported by five countries, two of them 'major ATM deployers' (defined as having more than 40,000 ATMs)... The basic method for conducting these attacks was mentioned in a 1992 edition of the hacker e-zine Phrack (the edition that explains audio-based skimmers is Phrack 37)."

Comments

Re:Been said before

[betterunixthanunix]

But we really need to do something about this whole security thing.

Why would banks care about that? Secure digital cash systems have been around for a very long time, but banks do not like the concept very much, probably because it would mean losing certain revenue streams. Credit card processors and banks sell spending data to marketing firms; secure digital cash generally makes that difficult or impossible, since digital cash allows for anonymous payments. Additionally, digital cash would make it hard for banks to do things like profit from debit card overdraft fees (although with the new regulations, perhaps this is less of a valid argument).

It is not that the technology is not there, it is that it solves the wrong problem.

Re:Been said before

[jelizondo]

I don't know about other countries, but at least in Mexico and the Cayman Islands, devices like the one you describe (RSA SecureID) are commonly used for online bank transactions.

It would seem trivial to extend the use to ATM and POS terminals, it would end this type of scam for good.

The RIAA was *almost* right.

[sehlat]

Home taping is killing ATMs.

Re:Ballpeen hammer

[spun]

Just throw your ballpeen hammer at them.