ATM skimming

ATM skimming,

Definition of ATM skimming:

  1. A type of fraud which occurs when an ATM is compromised by a skimming device, a card reader which can be disguised to look like a part of the machine. The card reader saves the users card number and pin code, which is then replicated into a counterfeit copy for theft.

Meaning of ATM skimming & ATM skimming Definition