Don't Get Swiped: Protect Yourself from ATM Skimming
Skimming or physical card fraud is when scammers use illegal devices to steal payment information from someone using an ATM. These scams can result in both financial loss and identity theft! Read on to find out how to avoid falling victim to ATM scams.
How ATM Skimming Scams Work
Scammers use various methods to install skimming devices on ATMs, including placing fake card readers over the ATM’s genuine card slot or installing hidden cameras to record PIN entries. These devices capture the information from the magnetic stripe of the card and the PIN, which scammers later use to create counterfeit cards or make unauthorised transactions.
It’s essential to be vigilant when using ATMs. Common signs that an ATM may have been tampered with include loose parts, unusual-looking card slots, or cameras or other devices mounted in unusual locations. If you notice anything suspicious, it’s best to avoid using that ATM and report it to the bank immediately.
Protecting Yourself from ATM Skimming
To protect yourself from ATM skimming scams, follow these tips:
- Always inspect the ATM before use. Look for any signs of tampering, such as loose parts or unusual devices attached to the machine.
- Cover the keypad when entering your PIN to prevent cameras from recording it.
- Regularly check your bank statements for any unauthorised transactions and report them to your bank immediately.
- Look around you. If you see someone acting suspiciously near an ATM then it is probably best to not use the ATM at that time.
Though Australia works hard to keep its ATMs safe, this can also occur whilst on holidays overseas. Make sure you remember these tips for your next getaway so you don’t put yourself at risk.
Reporting ATM Skimming Scams
If you suspect that an ATM has been tampered with or if you notice any unauthorised transactions on your account, report it to the authorities or your bank immediately.
Prompt reporting can help prevent further fraud and protect others from falling victim to these scams. If you think you might have had personal details stolen, ID care can help you follow steps to keep your identity safe.
