- CC/DC skimming
As it is sometimes called, skimming is a new technique whereby someone obtains your credit card details, copies them onto a bogus card and begins using the credit card. While credit card theft itself is not new, the manner in which the information is stolen is.
1st Technique they do :
The first step is to recruit an individual willing to participate in the scheme. Bartenders, wait staff or shop assistants are often prime targets because of the sheer volume of credit cards they handle.
Recruits are given a pocketsize device with a scanning slot, something that resembles a pager and can be worn on a belt. They are instructed to swipe customers’ credit cards through the device. Because the process takes only a few seconds it can be done easily and inconspicuously without the customer or another employee noticing.
Swiping the credit card through the device copies the information held on the magnetic strip into memory. That information can subsequently be copied to a counterfeit card, complete with security holograms
Alternatively, the information can be used to overwrite a stolen credit card which has become too hot to handle.
False beliefs : “Now a days as technology has bloomed , correspondents have also developed as the device is too complicated and very expensive and it cannot be inserted into any Automated Teller Machines without a supervision and more over max of ATM’s are monitored, no culprit will dare to enter ATM to insert something into it and ATM’s have Role in method where card will be taken into and ejected out as if any thing or any small root changes or delay will alert the watch man or the alarms and record will be logged , i am not denying the facts that their are M.F.R.R(Magnetic Filament Record Reader) readers which can be inserted into ATM’s what i am saying is “Its Patched”.
Do not underestimate the size of this problem. 3 wer caught days ago on this case in Bangalore , and 14 in Mumbai and total 300 records all over India In the India alone an astonishing $100m was spent with cloned credit cards in 2011. That’s over $2.500,000 every single day!
So how do you protect yourself?
One solution lies in smart chip credit cards. Smart chips are microchips embedded in some credit cards that encrypt the information contained in the magnetic strip. The microchip cannot be changed or deleted. If a skimmer tries to scan your card through the device, they will obtain only encrypted information and thus be unable to clone your credit card. If someone steals your smart card and disables the chip, the new swipe terminals will alert staff to ask for an ID or decline the transaction.
how to get that chip ? Just get a smart card 
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