Credit Card Skimming and Fraud
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Questions and Answers

What does the term 'skimming' refer to in the context of crime?

  • Stealing physical cash registers
  • Hacking into online banking systems
  • Taking large amounts of money
  • Taking small amounts of money (correct)
  • What does a credit card skimming device store?

  • Card number, expiration date, and CVV code
  • Card number, expiration date, and cardholder's name (correct)
  • Card number, cardholder's name, and transaction history
  • Card number, expiration date, and PIN
  • What is the purpose of a PIN pad or PIN entry device?

  • To scan fingerprints
  • To capture payment receipts
  • To store card information
  • To accept and encrypt the cardholder's PIN (correct)
  • What are the two important pieces of hardware in an ATM skimmer?

    <p>Micro camera and magnetic card reading device</p> Signup and view all the answers

    What is the ultimate goal of a would-be thief using a skimmer?

    <p>To clone a credit card</p> Signup and view all the answers

    How do bogus terminals at POS terminals work?

    <p>They print a transaction complete record without contacting the bank</p> Signup and view all the answers

    What type of cameras are used in sophisticated ATM skimmers?

    <p>Pinhole cameras</p> Signup and view all the answers

    How do ATM skimmers range in terms of quality?

    <p>From cheap plastic to custom-made devices</p> Signup and view all the answers

    What type of card is commonly used for identification, credit/debit cards, membership cards, access cards, and more?

    <p>PVC Card</p> Signup and view all the answers

    What is the full name of an IC card?

    <p>Integrated Circuit Card</p> Signup and view all the answers

    Which of the following companies is associated with the Mifare card series?

    <p>PHILIPS</p> Signup and view all the answers

    What is the main purpose of an ID Card?

    <p>Identification</p> Signup and view all the answers

    What is a characteristic of IC cards?

    <p>Large capacity and encryption</p> Signup and view all the answers

    What is the main feature of an ID Card used for access control and door phone systems?

    <p>No write induction</p> Signup and view all the answers

    Study Notes

    Credit Card Skimming

    • Skimming refers to the crime of taking small amounts of money, often involving credit or debit cards.
    • Credit card skimming devices read the magnetic stripe on a card, storing the card number, expiration date, and cardholder's name.

    Skimming Devices

    • Skimmers in ATMs have two key components: a micro camera positioned near the keypad to capture PIN entries, and a magnetic card reading device to capture card details.
    • These devices can be used to clone a card, allowing thieves to commit fraud.

    Skimming Scenarios

    • Skimming can occur at ATMs, gas pumps, or point-of-sale terminals in retail shops.
    • Criminals can capture card details and PINs, then use this information to commit fraud.

    Skimming Technology

    • Skimming devices can range from cheap, homemade plastic devices to sophisticated custom devices, including pinhole cameras and keypad overlays.
    • These devices can be purchased online, and card printing equipment is also easily sourced.

    ID Cards

    • PVC (polyvinyl chloride) cards are commonly used for identification, credit/debit cards, membership cards, and more.
    • Integrated Circuit Cards (IC Cards), also known as Smart Cards, are used in various systems, including access control and door phone systems.

    ID Card Types

    • ID Cards may be used for fixed number identification, including formats such as SYRIS EM, HID, TI, and MOTOROLA.

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    Description

    Learn about credit card skimming, a type of fraud where criminals steal your card information using devices at ATMs and gas pumps. Understand how skimming devices work and how to protect yourself.

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