Skimming is a hi-tech method by which thieves capture your personal or account information from your credit card, drivers license, or even passport. An electronic device used to capture this information is called a “skimmer,” and can be purchased online for under $50.00. Your card is swiped through the skimmer and the information contained in the magnetic strip on the card is then read into and stored on the device or an attached computer.
Skimming is predominantly a tactic used to perpetuate credit card fraud--but is also a tactic that is gaining in popularity amongst identity thieves. Skimming is a problem, not just in the U.S, but globally. As the use of smart card technology grows, as evident with its integration with drivers licenses and passports, it is likely that skimming will continue to grow as a popular tactic of identity thieves.>source:about.com
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