Detecting Cloned Cards at the ATM, Register

Researchers at the University of Florida found that account data encoded on legitimate cards is invariably written using quality-controlled, automated facilities that tend to imprint the information in uniform, consistent patterns. Cloned cards, however, usually are created by hand with inexpensive encoding machines, and as a result feature far more variance or “jitter” in the placement of digital bits on the card’s stripe. Gift cards can be extremely profitable and brand-building for retailers, but gift card fraud creates a very negative shopping experience for consumers and a costly conundrum for retailers.

The South America connection and the leadership on ATM Malware development

Around the globe, the region where criminals had achieved expertise and have become highly professionals is Latin America. As a resulting of this criminal union to steal money directly from ATM, criminals and cybercriminals from Latin America have been developing brand new zero-day techniques and tools that are not found in any other place in the world.

Source: securityaffairs.co