for making ATM Skimmers
New technology is not only being used for regular stuff, but also for criminal stuf as we can read on the blog krebsonsecurity.com.
An ATM skimmer gang stole more than $400,000 using skimming devices built with the help of high-tech 3D printers, federal prosecutors say.
Before I get to the gang, let me explain briefly how ATM skimmers work, and why 3D printing is a noteworthy development in this type of fraud. Many of the ATM skimmers profiled in my skimmer series are carefully hand-made and crafted to blend in with the targeted cash machine in both form and paint color. Some skimmer makers even ask customers for a photo of the targeted cash machine before beginning their work.
The skimmer components typically include a card skimmer that fits over the card acceptance slot and steals the data stored on the card’s magnetic stripe, and a pinhole camera built into a false panel that thieves can fit above or beside the PIN pad. If these components don’t match just-so, they’re more likely to be discovered and removed by customers or bank personnel, leaving the thieves without their stolen card data.