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Banking Crime Through ATM Machine

Updated on September 26, 2010

My daily activity is read a newspaper. I was surprised read about the headline in my local newspaper. The head line is "ATM viewed by others, all the saving gone". And this is become a hot topic in television and newspaper. All day they shown about this topic. This crime was threatening my country.

The first case was happened in Bali. As we know Bali is the beautiful Island. The wonderful place for traveling. Julia Robert also made the newest movie in Bali island. This island is part of my country. Back this topic. This is a new way in the world of banking crimes. Stolen the money from ATM machine was haunting the bank's customers right now. My fear is this crime also threatens other regions. Including my region.

The theft mode is recording (taping) and reading (skimming) magnetic data (such as PIN number) of ATM card. It could happen when the bank customer was taking their money trough ATM machine. Beside using taping and reading mode, there is new theft mode using micro camera. At least more than 200 bank customer reported they lost their money around $100 until $2000. It look from the saving book. Whereas they didn't do any transactions or taking money. The number of victims still increasing also the amount of the money.

Police are still waiting for other reports while investigating the cause. The number of money was stolen more than $50000. The result of temporary investigation is the thief placing chips on the ATM machine to record the data from the card and also the installation of hidden cameras to know the PIN number of the customer. From the this data they made new ATM card to stole the money.

By taping and skimming they could copy the magnetic data from ATM card. To get that data, the thief placed the reading device (skimming) and recording device (taping) inside the inlet section (hole to take the money at ATM machines). While the card was inserted in the machine, all the data will recorded.

The other way is by placing the micro camera.  This camera was placed above the keyboard of ATM machine. Based the finger movement (when we type the PIN number on the keyboard), the thief will know the secret number (PIN number) of the customer.

Actually I am worried if this incident happen to me. And all my saving will gone. Have you ever heard about this theft mode. Or you have experience related with this topic. Please share in this hub. I'll wait your comment. Thanks

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