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| ATM anti-theft technique |
ATM considered as one of the most convenient ways to withdraw the cash. Everyone is relying on plastic money but how much your money is safe when you use the same plastic debit card to withdraw cash? We consider our PIN as a safety lock that no one can break and banks mention in warning "Not to share with anyone, not even with us". High safety myth of plastic money would be broken once you peruse through this article.Earn 1.5 Crore
And please be informed that even though you don't share the PIN with anyone your money can be stolen.
In our technically advanced society thieves are also not technically backwards, they too are efficient enough to break in your safety with the technologically advanced source.
Mostly they utilize this four technics to withdraw cash from ATM, that too without your permission. But after reading these ATM anti-theft techniques you would be able to secure your money in better ways.
Stealing Password-
Thieves steal your password by standing behind you in ATM at the time of withdrawing cash. This process technically called shoulder searching.
Another way of password hacking is by installing a portable camera above the keyboard of ATM. It records the process when you press the keys to enter the PIN.
The third way to hack password is by using virtual Key-board. The miscreant places the virtual keyboard on the actual keyboard and takes the information of keys you press at the time of making a transaction.
Scanning debit card-
Thieves place skimmer at the card entry point of ATM. This skimmer steals the personal information about the card. They keep placed this skimmer for a few days to collect data of many cards.
Cloning of original card-
In this procedure, thieves make a clone of the original card just by using original detail collected with the help of skimmer. Cloning is done the blank magnetic card available in the market.
Transaction-
Thieve withdraw cash as soon as possible before customer block the card. They do this in mid-night when most of the people are not able to check text in mobile instantly and they get enough time to do multiple small amount transaction before the card gets blocked.
Safeguard-
- Keep changing your password frequently.
- Never share this with anyone.
- Check for skimmer at card scanner as it is easy to recognize if searched properly.
- Be cautious of any camera placed above the keyboard.
Bottomline-
What I found as a result of my overall research that these are the most widespread ATM theft techniques thieves are using nowadays. Hope after going through these ATM Anti-theft techniques you would be more aware of how you can secure your hard earned money in ATM.
Please feel free to comment if you have more information on the subject. Thank you.
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