According to FICO, card skimming in the U.S. grew by 700% in the first half of 2022, and the number of compromised debit cards jumped 96% jump in 2023. Research by the FBI says this costs consumers more than $1 billion every year.
A tool to help law enforcement, retail owners, managers and consumers, the Skim Swipe from Berkeley Varitronics Systems can immediately detect card skimmers hidden inside point-of-sale retail checkout terminals.
Skim Swipe works by swiping it through any POS card reader. A visible and audible alert immediately triggers if a skimmer is detected.
"We have begun to tighten the screws on cyber criminals who rely on card skimming to rip off consumers and business owners," says Scott N. Schober, cybersecurity expert and CEO of Berkeley Varitronics Systems Inc. He continues, "We now offer instant skimmer detection for any swiping or insertion card readers and even Bluetooth skimmer detection from a distance."
Skim Swipe does not require modifications to an existing card reader.
