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Obama signs Executive Order to bolster federal credit card security

Steve Ragan | Oct. 21, 2014
Banks and retailers in the public sector are urged to follow suit

"Handheld skimmers are not an issue in other countries as much as in the U.S. For example, at U.S. restaurants, a waiter takes a credit or debit card and later with a receipt. At European restaurants, a card remains in sight at all times, and a waiter brings a terminal to the table," the AACA report explained.

Earlier this year, the Manhattan District Attorney announced an indictment that charged 13 people with operating a multi-million dollar fraud ring. The indictment says that the ring used Bluetooth-enabled skimmers at gas station pumps, which enabled them retrieve the data collected by the skimmers wirelessly.

 

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