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Cloning, or "skimming" as it is sometimes called, is a new technique whereby someone obtainsyour details, copies them onto a bogus card and begins using the. While theft itself is not new, the manner in which the information is stolen is.
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Swiping the through the device copies the information held on the magnetic strip into memory. That information can subsequently be copied to a counterfeit card, complete with security holograms. Alternatively, the information can be used to overwrite a stolen which has become too hot to handle.
