How are scammers able to pull money out of someone’s account at an ATM in another country without having the physical debit card?

Question

How are scammers able to pull money out of someone’s account at an ATM in another country without having the physical debit card?

In: 1

Answer 1

If they have a copy of the magnetic stripe and PIN, that’s all they need if they can find an ATM that will fall back on magnetic stripe if there is no working chip.

Cameras or keypad overlays are sometimes placed where skimmers are installed for that reason

(Alternatively, obtaining someone’s online banking password would also grant ATM access if they don’t have a secure 2 factor authentication set up)