ATM Shimming, Fallback Transactions Back On The Rise

ATMs are once again an easy target for fraudsters to capture card data – and, again, it is through shimming/skimming devices found on credit union-owned ATMs. Since the implementation of EMV/Chip cards, these devices have occasionally gone undetected leading to a large number of cards being compromised.

The cards are used at other ATMs or through POS transactions where fraudsters rely on fallback transactions to override the EMV technology to obtain cash and/or merchandise.

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