This has gotten me so freaked out that I have this new habit where I inspect an ATM carefully even before I take my wallet out… yikes!
Easily the most-viewed post at krebsonsecurity.com so far has been the entry on a cleverly disguised ATM skimmer found attached to a Citibank ATM in California in late December. Last week, I had a chance to chat with Rick Doten, chief scientist at Lockheed Martin’s Center for Cyber Security Innovation. Doten has built an impressive slide deck on ATM fraud attacks, and pictured below are some of the more interesting images he uses in his presentations.
According to Doten, the U.S. Secret Service estimates that annual losses from ATM fraud totaled about $1 billion in 2008, or about $350,000 each day. Card skimming, where the fraudster affixes a bogus card reader on top of the real reader, accounts for more than 80 percent of ATM fraud, Doten said.