SkimProt Fraud and Data Protection Sticker for Bank Cards

Product Description

Protect your bank card from fraud SkimProt is a protective sticker designed for the widespread chip-enabled bank cards. The sticker protects debit and credit cards from information theft and fraud. SkimProt is attached to the magnetic stripe of the card and hides the information it contains. When using an ATM, the sticker directs the machine to use the much better protected chip. In most countries more than 80% of ATMs and POS terminals support the new chip technology, but cards are supplied with a magnetic stripe to ensure their compatibility with the old generation devices. SkimProt was chosen as the most innovative product in the card manufacturing category in the biggest exhibition for smart technologies CARTES America 2014 What is skimming? According to the FBI, skimming is the copying of data from the magnetic stripe of the bank card by means of an illegal scanner (skimmer). Skimmers installed on ATMs are usually very hard to detect. Users dont even notice that their card data is being copied while they are using the machine. In shops, dishonest employees skim the cards of their clients by means of miniature hand-held readers. Now there are even viruses which can be used by hackers to infect ATMs and POS terminals and which serve as virtual skimmers. Skimming statistics Approximately 5.5 billion are annually lost to skimming worldwide. The numbers have grown by about 15% per year for the last 5 years. 80% 90% of all bank card fraud is related to skimming. On average, between 500 and 1,200 are stolen from each skimmed card. In the United Kingdom the loss from skimming for 2012 was over £ 38 million. In Germany skimming losses reached more than 70 million in 2012. In the USA such losses amounted to more than 1 billion in 2012.

Features

• SkimProt is attached to the magnetic stripe of the card and hides the information it contains
• You can be fully protected without any need to know how ATMs and POS terminals work and how criminals steal your bank card data.
• The sticker protects debit and credit cards from information theft and fraud.

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