Home > General > Just when you thought it was safe to be a Canadian…

Just when you thought it was safe to be a Canadian…

Mexicians are fast on their way to mastering the art of ATM fraud which is fortunate because Americans are still behind the times when it comes to chip and pin credit cards. I, for one, was happy to regale the benefits of Chip Cards until I read about this story.

ATM ‘Shimmer’ Found in Mexico http://krebsonsecurity.com/2015/08/chip-card-atm-shimmer-found-in-mexico/

Someone has now managed to create a card reader, complete with chip reader not the magnetic strip reader we all used to see and hear about. It is so small that it fits inside the card reader so you may never know that it is being used!

So much for chip and pin technology – what are we going to do now?

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