96% increase in debit card skimming targets financially vulnerable individuals, resulting in $1 billion annual losses, according to the FBI.

Card skimmers are increasingly targeting financially vulnerable individuals, with the FBI estimating $1 billion in annual losses. Debit card skimming grew 96% last year, and authorities report increased card skimming and EBT fraud. To protect yourself, be vigilant at ATMs and gas stations, avoid using machines that look damaged or altered, and report suspicious devices to law enforcement.

July 07, 2024
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