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Cash point Fraud

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Cash point Fraud: The Signs That People Need To Look For

The tampered card readers

An ATM card has a magnetic stripe that serves as a pass or permit so that the user can have a successful transaction. The magnet stripe is substantial as it contains the identity information of the user. For shams to obtain the card details, they will need to use skimmers.

There are existing card readers that can harm other people because these are hidden in the legitimate card readers, and these readers are called skimmers. If a sham uses this skimmer, it can automatically gather the data that contains the information from people who swipe their cards.

After that kind of successful activity, the shams can make another card similar to the legitimate one. The hard part of this is that it will be harder for the automated teller machine to detect these skimmers.

The signs to look for are the scratches, tape, residues from the glue, and the color of the machine that seems different compared to the legitimate one. So, it is important to check the machine where you are doing the transaction or withdrawal of money.

The use of hidden cameras

Since the security of the banks is now getting stricter, the use of skimmers is already hard to do. The attackers or shams make use of the camera then hide it somewhere near the automated teller machine. With this, they will be able to record personal identification numbers and other card details.

These cameras are hard to find you cannot even distinguish them because of their tiny sizes. So, it is better to check every area and part of the automated teller machine. Bustathief is one of the best site which give you exact details regarding ATM fraud.

The use of fake keypads

If the use of skimmers and hidden cameras do not work, they go far from another cash point fraud by placing fake keypads on the legitimate keypads. Just like the skimmers, fake keypads are designed to purposely get the information of the user such as the card details and the personal information numbers.

Alongside the fake keypads is that they make use of some technology that can be attached to the fake keypads, the information will be sent directly through WI-Fi.

A sign that can be looked for is that when you try to enter the personal information numbers, the keypad will feel that it lacks firmness. If you are observant, you will easily detect and observe that the keypad is kind of different.

The act of shoulder surfing

This is by far the most dangerous to do as you might get caught while doing this. The shoulder surfing is done when an attacker simply looks and watches over the card user. In this way, if they are very skilled, then they can successfully see the personal identification numbers that you have typed.

They can also do some things to distract you so they can get your card as fast as they can. It is hard to trust people nowadays. Thus it is important to be very careful in all of your acts, especially when doing transactions.


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Cash point Fraud

1372 Launches

Part of the Society collection

Updated on August 18, 2021

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