Atm is the most common way to withdraw money. But it also leads to many Atm frauds. In the recent past, there has been a rise in the number of banking frauds related to ATM card transactions as fraudsters are using new techniques to rob customers by stealing their debit card’s information. While banks are doing their bit in making card transactions safer and are working towards protecting customers from being fleeced, banking experts say that customers need to be extra careful as a large number of cases are a result of negligence on part of the cardholder.
Here are 5 danger signs to look after every time you use an atm.
1. Misaligned Card Slots
An additional card reader slot can be easily placed on the top of the actual one. If you feel that card slot is little distorted or misaligned then there are chances of an additional card reader slot being placed there. They are used by hackers or criminals to have access to all information of your debit card.
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2. Lebanese Loop
There is a Tiny device called Lebanese loop which is, too, used to commit fraud by criminals to exploit ATMs. It blocks the card slot and holds back your debit card in the machine. It makes users think that either the card has been stucked or retained by the machine. So, Do not try to adjust the card slot, if it appears to be unstable.
3. Card skimmer
Skimmers are essentially malicious card readers that grab the data from the card’s magnetic stripe attached to the real payment terminals so that they can steal data from every person that swipes their cards.
4. False keyboards
After fetching information from your card by using skimmers, hackers just need to know your password. They tend to use fake keyboards to do the same. Fake keyboards are placed upon the actual ones so criminals can track your PIN. So, do not enter your PIN, if keyboard seems any different to you.
5. Hidden camera
Another way to get your PINs to have access to your debit cards, Hackers use hidden cameras. They can be placed anywhere on the machine. So, if you spot any suspicious device, do not enter your PIN.
