Financial fraud is on the rise, and one of the most common methods criminals use is ATM and POS terminal skimming. This technique allows thieves to steal your debit and credit card information without you even realizing it. The U.S. Secret Service has reported that skimming crimes result in hundreds of millions of dollars in losses every year.
If you use ATMs or point-of-sale (POS) terminals for transactions, understanding how skimming works and how to protect yourself is critical.
