Scammers targeting credit card chips

MIAMI ā€“ The more technology we use in our everyday lives, the more crooksĀ are out to scam us for everything we're worth.

A new scam called shimming targets information from the chips on credit cards used for purchases, according to WTVT.

The information is stolen after a device called a shim, which containsĀ a microchip and flash storage, isĀ placed inside a businesses'Ā data reader.

Once inside, the shim stealsĀ the credit card information and saves it.

The Better Business Bureau is warning consumers about the new scam.

ā€œIf you insert the card and itā€™s very tight that could be a sign report it to the merchant,ā€ the organization's Bryan Oglesby told WTVT.


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