1. Presented By: Mark Jordan
Skimmers
Presented By:
Mark Jordan

2. Definition How used / Devices Suggestions
Agenda
Definition
How used / Devices
Suggestions

3. 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 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

4. CRC
Algorithm

5. How used / Devices

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

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

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

9. 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: x3142