We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

See Pricing

What's Your Topic?

Hire a Professional Writer Now

The input space is limited by 250 symbols

What's Your Deadline?

Choose 3 Hours or More.
Back
2/4 steps

How Many Pages?

Back
3/4 steps

Sign Up and See Pricing

"You must agree to out terms of services and privacy policy"
Back
Get Offer

ATM Skimming Essay

Hire a Professional Writer Now

The input space is limited by 250 symbols

Deadline:2 days left
"You must agree to out terms of services and privacy policy"
Write my paper

ATM Skimming

As a member of the team making ATMs for the next generation, we should develop strategies that counteract the features of the illegal skimmers.  Inherent in the problem is the solution.  We know that the flashing lead through entry should light up when in use, so any tampering with the lead would be easy to detect.

Don't use plagiarized sources. Get Your Custom Essay on
ATM Skimming
Just from $13,9/Page
Get custom paper

However, when a skim device has been placed in or near the card reader slot, our patented design will work in two ways.

  First, the contoured model will make it impossible to attach/add anything else because there are no hooks or hinges that will facilitate an attachment.  Secondly, the weight (measured in milligrams) of anything else added to the ATM machine for more than three minutes will trigger a silent signal to the personnel of the banking institution.

In order to make it difficult to replace or overlay the fascia, we will collaborate with

the government and Federal Reserve Bank to design a fascia with standardized details that would be difficult to duplicate such as a hard-to-match color, special metal alloy,  and an inlaid 16-digit code.

            Another option will be a GPS device encrypted in the Data Scrambler, a device that detects the activation of a skimmer within a certain radius.  When the thief returns to his home  and starts to download the data, the Data Scrambler will provide erroneous information and record the electronic waves emitted from the skimmer.  Unbeknownst to the thief, the police can track his exact location.

Bank Rate.  (2010). Skimming the Cash Out of Your Account.  Retrieved from

            http:  //www.bankrate.com/finance/checking/skimming-the-cash-out-of-your-account

About.com. (2010). Skimming Scams.  Retrieved from http://www.banking.about.com

/od/securityandsafety/a/skimmer.htm

Cite this ATM Skimming Essay

ATM Skimming Essay. (2016, Aug 05). Retrieved from https://graduateway.com/atm-skimming/

Show less
  • Use multiple resourses when assembling your essay
  • Get help form professional writers when not sure you can do it yourself
  • Use Plagiarism Checker to double check your essay
  • Do not copy and paste free to download essays
Get plagiarism free essay

Search for essay samples now

Haven't found the Essay You Want?

Get my paper now

For Only $13.90/page