skimming


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Related to skimming: Price skimming

skimming

[′skim·iŋ]
(hydrology)
Diversion of water from a stream or conduit by shallow overflow in order to avoid diverting sand, silt, or other debris carried as bottom load.
Withdrawal of fresh groundwater from a thin body or lens floating on salt water by means of shallow wells or infiltration galleries.

skimming

Copying credit or debit card data (account numbers, PINs, expiration dates) during legitimate transactions in order to make unlawful ones later. In a restaurant, when waiters take the customer's card away to authorize the transaction, it is very easy to jot down the number or run the card through a reader.

Skimming Hardware
Skimming devices can be placed over card readers at ATMs and gas pump terminals. Casual users may not notice that the reader has an unusual shape or is larger than normal, which indicates a skimmer is being used. See EMV.

Pay-at-table Terminals
In Europe, wireless mobile terminals are widely used to authorize the card in front of the customer. However, they are not found in the U.S. because the machines are generally not set up for signatures. In addition, American diners may feel intimidated telling the waiter how much of a tip to include.
References in periodicals archive ?
The suspects were handed over to the Federal Investigation Agency (FIA), he informed.The incident takes the number of Chinese men arrested within this week in relation to ATM skimming frauds in Karachi to six.
Meanwhile, CCTV footage of the ATM booth showed the suspects installing skimming device.
That's up from 15 percent just a year ago, and concerns over skimming are more and more people to change their payment habits at the pump.
Pia Bernadette Roman Tayag, managing director of the BSP Center for Learning and Inclusion Advocacy, said consumers are set to benefit from a new bill criminalizing hacking of bank systems and ATM skimming "This is a welcome development.
The police also claimed to have recovered around Rs2.9 million, skimming devices and ATM cards from their possession.
The arrested Chinese nationals were also seen roaming around the ATM booth on Karachi's Abdullah Haroon Road for the past three days before the said incident.A CCTV footage of an ATM booth showed the culprits installing an ATM skimming device.
Meanwhile, CCTV footage of an ATM booth also showed the suspects installing a skimming device.
In recent cases of skimming in Karachi, the skimming devices were found attached exactly in front of where one inserts his or her ATM card in the machines.
On Sunday, four Chinese nationals were arrested on suspicion of ATM skimming, the latest in a series of arrests linked to an organised gang behind a major electronic bank fraud in the city.
An ATM skimming device and Rs0.65million were recovered from the suspect's possession, the police said, adding that three accomplices of the suspect managed to escape.
'We had arrived there for a work but the 'gang leader asked us for the ATM skimming and provided us ten thousand Chinese currency in exchange of ATM skimming ,' the officer said while quoting the arrested foreigners.
A statement issued by the senior superintendent police East said law enforcers received a call early this morning about a Chinese suspect skimming ATMs at Summit Bank and Muslim Commercial Bank in Tipu Sultan Road's Shabbirabad area.