Monthly Archives: February 2013

Protect Your Bank Info From ATM Skimming

 

First I’d like to apologize for not having more posts lately. My intent for the start of the year was to have multiple posts per month or even during the same week. However, I have found myself busy in the extreme with a couple of very unplanned circumstances that I don’t see changing in the near future. Such is Life.

So I hunkered down this morning to find an article to re blog (research and writing too time intensive at the moment). This one on ATM skimming is pretty relevant these days with the uptick in the hacking of major supermarket chains for personal banking information. But ATM Skimming is different in that YOU can be the master of your own destiny just by following a few simple rules. Be honest, do you know anyone whose bank account has been compromised? We know three just off the top of my head.

The following are bullet points from the FBI article and ones that we’ve been doing for some time.

  • Inspect the ATM, gas pump, or credit card reader before using it…be suspicious if you see anything loose, crooked, or damaged, or if you notice scratches or adhesive/tape residue.
  • When entering your PIN, block the keypad with your other hand to prevent possible hidden cameras from recording your number.
  • If possible, use an ATM at an inside location (less access for criminals to install skimmers).
  • Be careful of ATMs in tourist areas…they are a popular target of skimmers.
  • If your card isn’t returned after the transaction or after hitting “cancel,” immediately contact the financial institution that issued the card.

How skimming works

The devices planted on ATMs are usually undetectable by users—the makers of this equipment have become very adept at creating them, often from plastic or plaster, so that they blend right into the ATM’s façade. The specific device used is often a realistic-looking card reader placed over the factory-installed card reader. Customers insert their ATM card into the phony reader, and their account info is swiped and stored on a small attached laptop or cell phone or sent wirelessly to the criminals waiting nearby.

Hit the link for the complete article from the FBI, Taking a Trip to the ATM – Beware of Skimmers