Comments by "XSportSeeker" (@XSpImmaLion) on "NBC News" channel.

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  5. Just so Americans know, these sort or card skimmers are around a decade old now... even older if you count the magstrip skimmers. They range in shape and size from small POS machines all the way up to full front ATM replacements. There are several ways to defeat those, but it's reliant on bank and credit card issuers action and spending on the matter. They do a calculation on how many cases are happening and how much money they are losing for that sort of fraud and then compare with the costs of implementing it. I'm generalizing things here just to give an idea, there are several other factors that influence this decision, but it's extremely costly for them to replace everything, so they only do it when absolutely necessary. US in particular is extremely slow in adopting new tech because this type of fraud didn't happen a whole lot, but in countries like mine - Brazil - a bunch of different things have been implemented because Brazil is a hotspot for this kinda fraud. For instance, we switched to chip an pin scheme 20 years ago, well before the US started using it, because magstrip skimming was rampant. Seeing as the skimmer used there was collecting magstrip information, that skimmer tech could be 20 years old... there are already far more advanced stuff these days. A bunch of our banks already implemented biometric authentication in ATMs as well as contactless chip reading reinforced with encryption schemes plus other methods. The latest thing I've been seeing now is that banks themselves are offering a virtual credit card service free of charge for online shopping - because the most prevalent form of fraud currently is stolen credit card data being used for online shopping, and we don't have unified trusted middlemen services such as PayPal that works almost universally here. It's like, we have a bunch of them, but most online stores won't accept them... they'll all take credit card though. Direct payment has been replaced with our relatively new digital payment system (Pix) which uses QR Code in a smartphone bank app plus pin or biometric authentication on the smartphone, but when you want to buy something in installments, you still have to use credit cards. The only thing you can do is to always keep an eye on every single charge that is done in your cards, giving a tug in every POS and ATM you put your card in to see if there are no lose parts, cover the keypad when you are typing passwords as much as possible, and look around to see if there is no one looking over your shoulder while you are paying for something. Because other than those, it really depends on the banks and credit card companies to replace the systems and enhance security. But good for her being able to identify the thing right there.
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