NYPD Exposes $18 Billion ATM Skimming Scheme: How Criminals Steal Your Data Wirelessly

Authorities are cracking down on organized crime rings that steal billions of dollars annually through ATM card-skimming. The Secret Service and NYPD are targeting these criminals, who use sophisticated devices to steal credit card information. "They'll come in with a device that goes over the point-of-sale terminal," explains a NYPD officer in a recent video. "It takes all of two to four seconds to install." The devices are small, easily concealed, and use Bluetooth technology to transmit stolen data remotely. This allows criminals to extract information without returning to the ATM. The impact is staggering: these rings are estimated to steal $18 billion a year. The authorities' efforts are focused on helping victims recover their losses and bringing criminals to justice. This coordinated effort is a significant step in combating this widespread form of financial crime.