A new Visa bulletin provided to merchants and payment processors warns of the increased threat of skimming devices being placed on, or in, unattended POS devices.
According to the bulletin’s introduction:
“As the US market migrates to EMV chip, the fraud threat from criminals placing skimming devices on, or in, attended and unattended point-of–sale (POS) devices for the purpose of collecting payment card information, including PIN numbers, increases. Perpetrators use skimmed payment information to quickly create counterfeit cards re-encoded with the stolen card information typically resulting in ATM withdrawals. To help clients combat skimming, Visa is providing guidance on recommended inspection and response actions.”
