Around most of the world ATM this has already been done.
One case involved using a stolen ATM machine in a fake bank which actually gave money when the customer asked for it while taking all the required information. The customers had no clue what-so-ever that this was taking place.
A more common occurence is a small device mounted to the card reader slot that reads the card details while a remote camera inside the kiosk takes sneek peeks at your keystrokes.
In most ATM's in europe they already issue warnings not to use ATM's if you suspect that ATM looks different from the ordinary. Many ATMs have a plastic see-thro device that prevents them from installing such a piggy-back reader device. Also the card from most ATM's are now fed and ejected very slowly to prevent such devices from reading the MCR tracks.
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