what is atm skimming

ATM skimming is a type of financial fraud where criminals illegally install hidden electronic devices, called skimmers, on card readers at ATMs or Point-of-Sale (POS) terminals. These discreet devices capture the data from your card's magnetic stripe as you insert it. To get your Personal Identification Number (PIN), fraudsters often install tiny hidden cameras or fake keypad overlays. With both the card details and the PIN, criminals can create duplicate cards to steal funds from your account or make unauthorized purchases.