News, which is not new, but I believe it is something happened for the first time in Capital, Islamabad. One of the ATM user went to the bank ATM to draw money and he realized the machine used for skimming your account info for taking out the cash.
This machine “skimmer” are usually fixed in the ATM slot to gather all the account info. Then a duplicate card is made with that data and then are used to steal someone else money through the ATM.
Mr. Tauqeeruddin, informed that he went to an ATM at a commercial centre of the capital city to withdraw money at about 7:15pm on October 13 (Saturday).
“I was shocked to see a skimmer installed on the ATM. I had read enough about skimmers but always wondered whether I would identify such a device if I ever come across it. It was so obvious, so fake and so cheap that it never looked like it belonged to the ATM. I took courage to insert one of my old ATM cards to test it. An important point here was that it took a bit of effort to insert the card.
However, the ejection was smoother and one would never think that it was coming out through a mischievous gadget. After taking a couple of snaps of the suspected skimmer, I pulled it out and kept it for an inspection.
I reported the matter to the bank’s online staff. That skimmer did not have a camera but had a serial interface that could be used for retrieving stolen data through a computer or some other device. It had a small magnetic card reader head which copies the data when the card passes through it. The skimmer had an Atmel Corporation’s tiny eight-bit microcontroller for processing and a flash disk capable of storing up to 2MB data. This meant that it could store information stolen from up to 30,000 cards.
It also had a mini-USB port for transferring the stolen data to a computer. The whole electronics was powered by a tiny 3.7V, 30mAh lithium ion battery which I believed could keep the skimmer running for several days. The cost of the whole electronics may not exceed Rs1,000. However, in the underworld, criminals readily pay between $1,000 and $20,000 to obtain skimmers of varying capabilities. The prices are cited from some internet posts.”
The people from bank contacted him to give that skimmer machine to them. He filed a complaint and return that skimmer to the bank personnel.
One of the bank personnel informed,
“We viewed the CCTV footage and saw that about 45 minutes before Mr Tauqeer’s entry into the ATM booth, a youngster, who could not be identified as he was wearing a P. cap, came to the ATM, fixed the device and went away. The device had been sent to their fraud department in Karachi, which would take necessary steps to ensure safety in the financial transactions.”
Mr. Mr Tauqeer’s also said
“According to my assessment, this kind of fraud cannot be committed without involvement of bank employees. I have been working with the FIA for the last four years and received many complaints regarding banking frauds but no one has ever lodged a complaint about a skimming device.”