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Protect yourself from skimming theft at the ATM

July 17, 2008

As if there aren’t enough ways to have your identity stolen, thieves are increasingly starting to target ATMs.

The method of thievery is called “skimming.” Basically the thief inserts a device into the card slot of an ATM (or other self-scan devices like gas pumps). When you slide your card in, as your normal transaction is processing, the skimming device is recording all of your information. In addition thieves are using touch pads or video cameras to see what PIN number you’re entering. Of course some still get your PIN the good old-fashioned way by lurking and looking over your shoulder.

Some crooks have even gone so far as to purchase old ATMs and set them up in remote locations where unsuspecting people slide their card and get nothing but scammed.

Bankrate.com offers the following tips to help you avoid becoming a victim of skimming:

·        Use a familiar ATM, preferably one attached to your bank.

·        Don’t use an ATM around a suspicious person or in a remote or unfamiliar location.

·        Check the card slot, keyboard and machine for any signs of tampering. Don’t use the machine if your card jiggles in the slot or anything else seems suspicious.

·        Don’t use an ATM with a sign or message directing you to another machine.

·        Keep a safe distance between you and other people in line at the ATM. Don’t let anyone distract you or offer to help you in any way.

·        Have your card out of your purse or wallet and ready for use.

·        Stand close to the screen and shield your activity.

·        Keep your printed receipt to compare it to your bank statement.

·        Secure your cash and card and make sure the transaction is complete and the screen in clear before you leave your ATM.

If you do suspect you’ve become a victim of skimming, notify your bank immediately. Unlike credit cards, if a thief gets a hold of your debit card that’s actual cash coming out of your bank account. The sooner you report a lost or stolen card or suspect transactions, the better chance you have of getting your money refunded.

Written by admin · Filed Under Misc., Tips 

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