[David Cranor] has found a way to fool a magnetic stripe reader using a hand-wound electromagnet and an iPod. The data on a card is read and stored on a computer, then encoded as a WAV file using ...

A credit card skimming device reads the magnetic stripe on your credit or debit card when you slide it into a card reader at an ATM, gas pump or other point of sale terminal. "The magnetic stripe ...

Matt Schultz, a credit analyst with LendingTree, explained that skimming occurs when scammers secretly install devices on payment terminals to capture data stored on the magnetic strips of credit or ...

[anfractuosus] has been reading magnetic stripe card… optically! While hackers routinely read and write stripe cards, this is the first time we’ve reported on optically imaging and decoding ...

Debit and credit cards look similar — both are plastic cards with 16-digit numbers, expiration dates, magnetic strips and smart chips — but they work very differently. A debit card is linked ...

Then it'll tell you to use the magnetic stripe instead." Skimmers can be found ... He also said that credit cards have better fraud protection than debit cards, so shoppers can protect themselves by ...

Criminals have been known to hide miniature cameras inside ATMs, making them difficult to find. These devices are typically ...