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What is ATM Skimming?

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ATM Skimming

ATM Skimming

ATM skimming is a method used by thieves to steal information from your ATM card to withdraw cash from your account.

ATM (Automated Teller Machine) is beneficial both for the Bank as well as for individuals to withdraw cash and basic banking which includes bill payments, fund transfer etc. Still, people are apprehensive of using ATM cards, as large numbers of cases are reported on a regular basis related to frauds pertaining to ATM or debit cards. Of the various types of ATM frauds, a common practice is ATM Skimming.

By ATM skimming, the fraudsters steal the information of your debit cards. It is a two step procedure. The first step is the skimmer, which is a card reader that is inserted over the ATM’s card slot. Through this the information of the card, which is stored in the magnetic strip is recorded. The second step is positioning cameras so as to record the security PIN as you type them on the keypad. At times, a fake keypad is placed above the real keypad instead of placing cameras to capture the PIN number.

Precautions to be taken while using ATM card to avoid being prey to ATM Skimming?

  • Cover the keypad with your hand while you enter the PIN
  • Use ATMs where the card is inserted into the machine rather than swiping are safer
  • If the keypad seems to be elevated or there is a colour difference between the ATM and the keypad, you may visit some other ATM for your transaction.

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2 COMMENTS

  1. Skimming usually refers to just scan the details on top and not the content inside. But using these the hackers has become more talented as there is more advancement in technologies. Many uneducated people or the new users of ATM think a lot to use the machine because of the criminals due to these reasons. So it is our duty to educate them and make them practice these things. It is not necessary that there is a possibility for all. It is just a prevention. As everyone says “prevention is better than cure”. So before our hard earned money goes to some criminals we must ensure its safety.

  2. Ugh, my credit card has been skimmed SO MANY TIMES. You have to be careful in so many ways. It happened to me once at a fast food place, and even the restaurant didn’t know it was happening. Thieves are so sneaky.
    Glad there is an increasing awareness of this type of fraud so we can all have the opportunity to report this kind of theft. It affects everyone! Even the very poor, who can’t afford to lose a couple of dollars here and there.

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