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ATM Card Skimming and PIN Capturing Scams Exposed

by Mathdelane on September 1, 2009

Reading time: 2 – 2 minutes

Most of us may not be aware that at some point when we always thought that withdrawing cash from ATMs guarantee us full security then better think again.

As criminals continue to lurk in our society, we cannot remain complacent because there are variety of ways that these bad guys can get on our way especially with our valued resources and confidential information.

If you often find yourself withdrawing cash from an ATM  or Automated Teller Machine, then better read this post so it can help you understand how your valuable information and hardly earned cash can be stolen in a snap. The presentation that you’ll be reading below is courtesy of Commonwealth Bank and was prepared by Simon Grubisic.

Overall, it pays to be vigilant. Being extra careful can actually fight ATM Card skimmers. Have you been a victim yourself?

Suggested for further reading:

  1. The Next Generation in Credit Card Anti-theft Solution Reading time: 2 – 2 minutes The emergence of new threats on credit card security continuously challenges merchants on a daily basis thereby PCI Security Standard compliance has been a keen requirement to counter the possibility of any harmful impacts these may have on consumers. As merchants try to keep...

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{ 6 comments… read them below or add one }

Bin September 15, 2009 at 1:48 pm

They don’t even need PINs anymore, now that they can just break into the retailer’s point of sale systems and download hundreds or thousands of them all at once.

Mathdelane September 15, 2009 at 1:58 pm

That’s pretty scary, I’d appreciate if you can share particular cases where it happened.

sandeep September 17, 2009 at 6:40 am

During the drink party a friend was beat up for ask a pin number for atm card and withdraw all the money.

Mathdelane September 17, 2009 at 7:40 am

It’s nice to have you here Sandeep. Wow, that’s crazy! Who would ever want to give their ATM pin anyway?

ricky September 22, 2009 at 8:04 pm

Even i am very much particular about my ATM card and that is why i avoid using.Now the cases discussed above has made me even more aware

Mathdelane September 22, 2009 at 9:43 pm

This is what this blog is all about, providing information and spreading awareness to only things that matter. Thanks for dropping by Ricky!

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