The News Room
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News Archive Stories from 2007 to 2011.



The News Room

Recent Skimming Tied to April's Fraud

September 11 2012, Winnipeg

People across Winnipeg have been further affected by April's debit card skimming incident, resulting in the cancellation of debit cards from multiple financial institutions. ACU employees have been working to reach affected members to inform them of the situation and ask them to go to any branch to
re-PIN their debit card.

"It appears that this is tied to the skimming incident in April," says Tom Gough, ACU's Manager of Corporate Risk. "This is a typical situation, where criminals hold onto card information and use it after a few months have passed. Luckily all it takes to break this is for members to be made aware and change their PIN."

The Winnipeg Police Service is investigating the incident, and Assiniboine Credit Union will file a report on behalf of members who have been victims of the fraud. Any losses members experience as a result of this fraudulent activity will be reimbursed.

Card skimming happens when criminals replace or adapt machines that still use the magnetic stripe technology. "Once all businesses have changed over to chip technology, which should happen within the next year, debit cards will be much more secure. While we can't disclose the locations of the vendors whose machines were compromised, we know the cards were swiped through magnetic stripe readers, instead of using chip technology," says Gough.

All debit card users are reminded to change their PINs regularly. Doing so will help combat card skimming.

ACU members should also check their accounts and if there is any unfamiliar or unusual activity, contact our Member Communication Centre immediately at 204.958.8588.

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