How to be careful while withdrawing money from the ATM, what may devices may have installed by any scammer and fraudulent, and what should we do?
When withdrawing money from an ATM, being cautious is crucial to avoid scams or fraud. Scammers often install devices on ATMs to steal your card information, PIN, or cash. Here are the common fraudulent devices and what actions you should take to protect yourself:
Common Fraud Devices Installed by Scammers
Card Skimmers: Small devices attached to the card slot that capture the information stored on your card's magnetic strip as you swipe or insert it.
Fake Keypads or Overlay Pads: Placed over the real keypad to record the PIN that you enter.
Cameras: Tiny hidden cameras positioned around the ATM to record you entering your PIN.
Card Trapping Devices: Devices that capture your card inside the ATM, so the scammer can retrieve it after you leave.
How to Be Careful and Protect Yourself at the ATM
Inspect the ATM: Before using it, check the card slot and keypad for signs of tampering, such as loose parts, overlays, or anything unusual.
Cover the Keypad: Use your hand or body to shield the keypad while entering your PIN to block cameras and shoulder surfers.
Choose ATMs Wisely: Use ATMs located inside bank branches or busy, well-lit areas rather than isolated or poorly lit places.
Be Aware of Surroundings: Stay vigilant and avoid using the ATM if suspicious people are lingering nearby.
Have Your Card Ready: Be prepared so you can quickly complete your transaction and avoid unnecessary delays.
Pocket Your Cash and Card Immediately: Conceal your cash, card, and receipt right after the transaction and don’t count money in public.
Do Not Accept Help from Strangers: Never let anyone assist you at the ATM, even if they claim to be employees.
Use ATMs During Daylight or Busy Times: Avoid using ATMs at night or in remote locations if possible, or have someone accompany you.
Report Suspicious Activity or Devices: If the machine appears tampered with or behaves irregularly (e.g., retaining your card), report it to the bank or police immediately.
Monitor Your Account: Check your bank statements or enable transaction alerts to quickly detect unauthorized activity.
Keep Your PIN Secret: Memorize your PIN and never share it or write it down near your card.
By following these safety measures and being observant, you can reduce the risk of ATM fraud and protect your finances effectively.