Past discussion: https://news.ycombinator.com/item?id=8327676
> audio skimmers allow fraudsters to sell lucrative service contracts along with their theft devices. The vendor of this skimmer kit advertises “full support after purchase,” and “easy installation (10-15 seconds).” But the catch with this skimmer is that the price tag is misleading. That’s because the audio files recorded by the device are encrypted. The Mp3 files are useless unless you also purchase the skimmer maker’s decryption service, which decodes the audio files into a digital format that can be encoded onto counterfeit ATM cards
Surely the correct attack would be to make the slot as flush and minimal as possible without indentation so to hide a skimmer the entire front of the machine would need to be faked.
I mean unless it's a one-shot deal, sooner or later you are going to be caught and then end up with consequences for everything.
Yeah I know, not deep thinkers but still, this is way more effort than smash'n'grab car windows in the parking lot, they have to think out a little in the future with that level of commitment.
I know the NYPD may be making a case but haven't heard a follow-up, despite them already having clear video evidence of the suspect from the ATM attempts in what's now been ~5 months since the incident and still haven't been made whole.
Since then I don't leave any funds in Revolut as they pretend to not be a bank except when it suits them. There's something to be said to be able to actually walk into a bank, or make a call and have someone that can actually do something to resolve the issue and potentially follow-up with the authorities, versus leaving it all to the victim, and tough luck.
Still have to follow-up with the banking authorities to file complaints against Revolut along with all the evidence and police findings in the hopes of some positive conclusion, but as you can see is a lot of effort on my part, and in the meantime the culprit continues to prosper.
Our police and banking systems are clearly not setup or capable to handle fraud crimes and the criminals know it, taking advantage of it all the way to the bank.
Or you discount the hardware but encrypt the data and charge a fee per card to decrypt.
¹Dependent on jurisdiction
not to mention criminals can stash money and retrieve it when they are released.
tldr - the idea of doing enough crime to save a lot of money and live on it on the other side, is pretty appealing to a lot of ppl.
