skimming - updates

Rappler's latest stories on skimming


Higher penalties now await bank account hackers, credit card skimmers

Sep 25, 2019 - 2:05 PM

Hacking a banking system can now land you in jail for life due to a new law imposing stiffer penalties for access device fraud

ATM FEES. The central bank now makes it possible for banks to adjust ATM fees, subject to their approval. Photo from Shutterstock

Senate approves bill punishing bank hackers, ATM skimmers with life imprisonment

Jun 03, 2019 - 8:38 PM

Under this bill, the mere possession of skimming devices and attempts to access online banking accounts will be potentially punishable with imprisonment

Q&A: Researcher who found ABS-CBN breach on detecting skimmers

Sep 21, 2018 - 3:48 PM

33% of all online stores have been hacked at least once since 2015, according to Dutch security researcher Willem De Groot

ABS-CBN online store hacked – report

Sep 19, 2018 - 1:22 PM

(UPDATED) 'Filipinos are recommended to carefully check their credit card statements for unauthorized payments,' says Dutch security researcher Willem De Groot who discovered the alleged breach

BDO makes EMV card shift, to disable old magnetic stripe cards by Feb 1

Jan 25, 2018 - 3:10 PM

The bank encourages customers who still have the magnetic stripe card to have it replaced at BDO branches on or before January 31

MORE SECURE. EMV cards have an embedded chip in them which helps protect against fraud better compared to cards that use the magnetic strip

Bulgarian man arrested in Pampanga for ATM skimming

Jan 05, 2018 - 2:16 PM

Bank guards noticed Ivaylo Sashov inserting ATM cards in succession in a BPI machine, Pampanga police say

Security Bank, RCBC add anti-fraud measures to debit cards

Sep 18, 2017 - 10:40 PM

Both banks add a remote lock/unlock feature to guard against unauthorized transactions

3 foreigners arrested for ATM skimming in Pampanga

Jul 25, 2017 - 3:00 PM

The suspects – identified as a Nicaraguan Italian and Romanian – allegedly stole P339 300 from various ATMs in the province

The 3 foreigners suspected to be conducting ATM skimming activities cover their faces with their shirts as they were escorted to the conference room in Camp Olivas. (Photo by Jun A. Malig)

Banking sector backs Metrobank to pull through P900 M fraud case

Jul 21, 2017 - 8:11 PM

The Bangko Sentral ng Pilipinas says Metrobank is well capitalized enough to deal with the situation although it will conduct an investigation into the bank’s internal controls

House bill wants ATM skimmers jailed for life, fined up to P5 million

Jul 04, 2017 - 8:15 PM

The bill seeks to declare ATM skimming as a crime of economic sabotage

PENALIZING BANK FRAUD. One of the latest devices ATM skimmers are using to retrieve information from bank users. File photo by Rappler

BDO chief likens fight vs ATM skimming to running on treadmill

Jun 22, 2017 - 8:50 PM

In a demo of skimming devices at a House hearing BDO describes how banks react to evolving tools used by fraudsters

ATM THROAT. Skimming devices lie in wait inside an ATM's throat, looking to copy the data on an ATM card.

BPI, BDO take preventive measures to avoid repeat of glitches, fraud

Jun 21, 2017 - 2:48 PM

Testimonies of bank representatives before the Senate reveal loopholes that made their systems vulnerable

ASSURANCE. Two of the biggest banks in the country assures the public there is no need to worry amid glitches and ATM fraud.

BPI hits higher net income in Q1, makes progress vs ATM hackers

Apr 20, 2017 - 5:50 PM

The bank kicks off 2017 with a net income of P6 25 billion in the first quarter It also announces the conviction of a member of an ATM skimming syndicate

Smartphones to replace cards at bank machines in US

Feb 21, 2016 - 11:45 AM

The smartphone based system aims to cut transaction time and prevent skimming

epa05111083 (FILE) A file photo dated 28 September n2012 showing a building reflected in the window of a Bank of America branch in New York City, New York, USA. Bank of America released their 4th quarter results on 19 January 2016, saying their 2015 net income was up 9 per cent to 3.3 billion USD, while earnings per diluted share were at 0.28 USD, compared to 0.25 USD. EPA/ANDREW GOMBERT

ATM skimming device found in BPI Tuguegarao City

Dec 08, 2015 - 4:08 PM

Foreigners were caught on CCTV installing the device police say

ENSURE SAFETY. As more users complain about "unauthorized withdrawals" of cash from their ATM cards, authorities advise banks to take steps on how to stop the scam and to ensure safety of the clients' accounts.

More ATM users share horror stories

Nov 27, 2015 - 4:00 PM

UPDATED Most cases reported to Rappler involve Bank of the Philippine Islands ATM accounts and happened in various parts of Metro Manila Rizal and Bacolod

BE CAREFUL. As card skimming is difficult to immediately detect, card holders are advised to check for any signs an ATM has been tampered or compromised. Image from Shutterstock

ATM card skimmers strike at upscale mall in Makati

Nov 20, 2015 - 9:51 PM

UPDATED Two victims of card skimming have come forward saying they last used their cards at a Bank of the Philippine Islands ATM in Powerplant Mall

BPI eyes replacement of 7M ATM cards by 2016

Apr 08, 2015 - 8:30 PM

The move is part of bank efforts to deter ATM fraud and is in compliance with a BSP directive for banks to shift to EMV ready cards

Eastern Europeans could be behind ATM fraud – BPI

Dec 03, 2014 - 8:53 PM

UPDATED The Bank of the Philippine Islands has information that the skimming activities are similar to what recently apprehended Bulgarians have employed

Smart rolls out anti-fraud services to Land Bank, RCBC clients

Nov 03, 2014 - 5:56 PM

A mobile app developed by Smart allows Land Bank and RCBC cardholders to remotely lock their accounts against fraud use

ANTI-FRAUD. Smart's LockByMobile lets cardholders of Land Bank and RCBC lock their  accounts against fraud use using a smartphone app developed by the country's telco giant.

Skimboarding: more fun in Iloilo

Apr 15, 2012 - 11:12 AM

Skimboarding enthusiasts in Iloilo unite to create awareness about the sport

SKIMBOARDING FUN. Now there's one more thing to do in the beaches of Iloilo.