What is credit card skimming, and how can you protect yourself?

Credit card skimming, a form of financial theft where criminals install unauthorized card readers to steal user information and funds, is currently on the rise. The illicit devices capture sensitive data from magnetic stripes or chips during standard transactions at various payment terminals.

While the practice threatens all credit and debit card users, authorities note that it has become a particular hazard for individuals relying on electronic benefit transfer (EBT) cards. Law enforcement and consumer advocates are urging the public to remain vigilant.

To combat the threat, reporters and security experts have highlighted preventative measures, advising consumers on how to physically inspect payment terminals for tampering and how to spot fraudulent overlay devices before swiping or inserting their cards.