Credit Card Fraud and Fuel Pump Skimming
Credit card fraud and fuel pump skimming affected 16 million Americans in 2018, impacting the U.S economy with 16.8 billion dollars in losses (ABA Banking Journal, 2018). Fuel pump skimmers are placed inside the fuel pump, giving consumers no clue as to its presence. When a credit or debit card is swiped through the card reader, the device captures and stores all the details stored in the card's magnetic strip. The strip contains the credit card number, expiration date, and the credit card holder's full name. Thieves use the stolen data to make fraudulent charges, either online or with a counterfeit credit card. Law enforcement should investigate these types of crimes aggressively, using the most up-to-date technology available. In order to effectively combat these issues, departments need to make these crimes a priority by allocating appropriate personnel and providing up-to-date training. Investigators need to network with banking employees as well as federal agencies, such as the Secret Service and FBI. By providing training, not only to other law enforcement agencies, but to the owners of fuel sites themselves, law enforcement can have a large impact on the cyber safety of our citizens.