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Business Banking - BLOG

Credit Card Skimming: Think Twice Before You Swipe

By Denise Maines, Salin Bank Security Officer on February 12, 2016

You swipe; they steal. It’s called credit card skimming, and it’s a crime growing exponentially in Central Indiana. 

Here’s how the crime works: Skimming thieves use small high-tech devices that scan or “skim” your credit and debit card data from the card’s magnetic stripe. Oftentimes, skimming devices are installed on an ATM or inside a gas pump. Once the credit card has been swiped through the skimmer, the personal information and data are extracted and recorded. The thieves then usually sell the stolen information over the Internet so counterfeit cards can be manufactured. The U.S. Department of the Treasury reported that hidden cameras often accompany the machines to record a consumer’s PIN number.

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Salin Bank Alert

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“Agriculture is the backbone of Indiana’s past, as well as its future. We take great pride in supporting local farmers - knowing them on first-name basis and understanding their ambitions."  - Jon Marley


Community President
j.marley@salin.com

800-320-7536 Ext. 3803