Credit card skimmers are more common than most people would care to believe—and it’s a problem that’s only getting worse. According to data analytics firm FICO, 2023 alone saw a 96% increase in credit card skimming scams, and the Federal Bureau of Investigation (FBI) has warned that such devices have been tied to international organized crime. The impact of this crime is pretty severe, with the FBI estimating that skimming scams cost financial institutions and consumers more than $1 billion annually. Thankfully, there are some things that consumers can look out for if they want to avoid their...

4 days ago

On HALO