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Shimming: Devices can steal bank account info from credit cards — even those with a security chip

Posted at 5:39 AM, Jul 16, 2018

Scammers are using a new technique called “shimming” to steal bank account information — even credit and debit cards with chips. 

The Council On Aging says the technique can swipe bank account numbers and PINs from a credit or debit card. 

According to the Better Business Bureau, the thieves place a paper-thin device called a shim in the slot where credit and debit cards are placed. When victims insert their cards, it copies and saves your information on the card-sized device. 

To keep yourself safe, check your bank account often and cancel your transaction if you have any problems while sliding your card. Also, try to use bank ATMs if possible.