Cyber thieves have struck again. This time they managed to rob money from the account of a person at Vaikom by using a cloned debit card, and Rs 40,000 was withdrawn from an ATM in Kolkata.
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The victim came to know about the robbery when he received two SMS alerts about the transactions.
Credit/debit card cloning or 'skimming' is a technique used by fraudsters to obtain credit or debit card details using a device with a scanner. Once the card is swiped on the device, it collects the information on the card's magnetic strip and copies it to a counterfeit card.
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