ATM is no more the portable drawing security for your bank accounts. The recent Wachovia ATM scam has proven that.
I doubt anything can ever be secure. It's just a matter of time before sophisticated thieves, work out how to hack it.
It would be something if these criminals would work as hard on legitimate jobs as they do at ripping people off, they would probably make more than just a decent living.
I am not sure what happened with Wachovia but I took a loss prevention class and we learned that it is possible to put a removable recorder on the Card Reader (where you put your card in) that looks just like the real reader. as soon as you put your pin in it is recorded with your card number. These things are magnetic an slip over the ATM's reader. They pull off very easily. I never place my card in an ATM unless I check the reader first to make sure it is attached to the machine.
Ohma, I am very encouraged. I am sure there are many people looking for a way to avert any rips from ATM accounts. Yes, Magnatic slips are vulnerable and that is exactly the reason why 'skimmers' would target ATM PIN. I encourage our friends to do what you do: never place the card in an ATM unless the reader is checked first to make sure it is attached to the machine.
ATM card skimming has been around for ages, if you go to modern machines now you they have things such as magnetic distortion and the like!
I have heard that in particualar you should not use your debit card for a pin transaction at gas stations, does anyone know anything about this? Are gas stations particularly susceptible to skimming scams?
I don't use atm's. if I need cash, I go to a grocery store and buy something I need and get cash back. now you can buy those skimmers online.
by Ultimate Hubber 7 years ago
How often do you use ATM machines?
by keepcontrolofme 5 years ago
Just skimmed across your post...is that right, are hairy men more sexier?and are you speaking for vast majority of women?
by luckycharmz 8 years ago
What would you do if you found an ATM machine with a debit card still in it?
by Brad Masters 3 years ago
Credit cards are great, but when they fall into the hands of hackers and thieves then?Credit card companies seem to rely on making up for hacked and stolen credit card usage by charging higher interest rates for their card users. If they spent some energy on making the use of stolen and hacked...
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