If you frequent ATMs, consider this a warning.
A new report from The Wall Street Journal, using FICO data, found that debit-card data theft at ATMs is at its highest level in 20 years. FICO didn't reveal the number of debit card data hacks, but FICO's card alert service manager, John Buzzard, told the Journal that the beginning of 2015 saw "tremendous spikes in fraud." Debit card data theft from January 2015 to April 2015 was already up 174 percent from the same time frame last year.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
An ancient Israeli cave teaches new archaeological lessonsThe Explainer The cave is believed to be one of the world's oldest burial sites
-
Music reviews: Tyler Childers and MadonnaFeature "Snipe Hunter" and "Veronica Electronica"
-
Art review: Noah DavisFeature Hammer Museum, Los Angeles, through Aug. 31
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance mergerSpeed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profitsSpeed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new highSpeed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
-
Economists fear US inflation data less reliablespeed read The Labor Department is collecting less data for its consumer price index due to staffing shortages
-
Crypto firm Coinbase hacked, faces SEC scrutinySpeed Read The Securities and Exchange Commission has also been investigating whether Coinbase misstated its user numbers in past disclosures
-
Starbucks baristas strike over dress codespeed read The new uniform 'puts the burden on baristas' to buy new clothes, said a Starbucks Workers United union delegate
