ATM skimming

ATM skimming

Describes the consumer fraud or theft that occurs when using an ATM that has been tampered with. Devices attached to the ATM (more commonly occurring at stand-alone ATMs) are used to collect credit or debit card information, PIN numbers, or the tracks of information found on the magnetic strip of the card.

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Part of Speech: noun
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Industry/Domain: Banking
Category: Personal banking
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