Presented By: Mark Jordan Skimmers Presented By: Mark Jordan

Definition How used / Devices Suggestions Agenda Definition How used / Devices Suggestions

Definition Credit card fraud is a wide-ranging term for theft and fraud committed using or involving a payment card, such as a credit card or debit card, as a fraudulent source of funds in a transaction. The purpose may be to obtain goods without paying, or to obtain unauthorized funds from an account. Credit card fraud is also an adjunct to identity theft. According to the United States Federal Trade Commission, while the rate of identity theft had been holding steady during the mid 2000s, it increased by 21 percent in 2008. However, credit card fraud, that crime which most people associate with ID theft, decreased as a percentage of all ID theft complaints for the sixth year in a row. Skimming is the crime of getting private information about somebody else's credit card used in an otherwise normal transaction. The thief can procure a victim's card number using basic methods such as photocopying receipts or more advanced methods such as using a small electronic device (skimmer) to swipe and store hundreds of victims’ card numbers. Common scenarios for skimming are restaurants or bars where the skimmer has possession of the victim's payment card out of their immediate view. The thief may also use a small keypad to unobtrusively transcribe the 3 or 4 digit Card Security Code, which is not present on the magnetic strip. Call centers are another area where skimming can easily occur. Skimming can also occur at merchants such as gas stations when a third-party card-reading device is installed either outside or inside a fuel dispenser or other card-swiping terminal. This device allows a thief to capture a customer’s card information, including their PIN, with each card swipe Card Not present, Merchant Account, CRC Check

CRC Algorithm

How used / Devices

How used / Devices Found in pump in Botkins, Ohio Gas station

Suggestions Keep eyes on card Print reminders for Community Security Tape Recommendation Security Cameras Follow the money and Device

Questions? Let’s take a few minutes to cover any questions you may have about the material presented.

Thank you! We’re glad you were here and hope this session had value for you. If you have any questions, please contact us using the methods below: Mark Jordan Phone: 800-686-9313 x3142 Email: jordanm@civicacmi.com