Shimming Devices: The Next Generation of Skimming

Shimming Devices: The Next Generation of Skimming

Summary:

Detailed look at shimming devices, how they differ from traditional skimmers, and their impact.

Sections:

1. Introduction
   • Shimming devices are an advanced form of skimming that targets EMV chip cards. This blog explores their operation, differences from skimmers, and prevention methods.
2. What Are Shimming Devices?
   • Shimming devices are thin, flexible circuits inserted into card readers to capture EMV chip data.
3. How Do Shimming Devices Work?
   • They intercept and record data from the chip when the card is inserted into a reader.
4. How Do Shimming Devices Differ from Skimming Devices?
   • Shimming targets chip cards, while skimming targets magnetic stripes.
5. Where Are Shimming Devices Typically Used?
   • They are used in ATMs and POS terminals with chip card readers.
6. What Are the Challenges in Detecting Shimming Devices?
   • Shimmers are thin and hard to detect, often requiring specialized equipment to identify.
7. How Can Consumers Protect Themselves from Shimming?
   • Use contactless payment methods and regularly monitor account statements for unauthorized transactions.
8. Conclusion
   • Shimming represents a sophisticated evolution in card fraud, and awareness is key to prevention.