Protect your ATM card to avoid skimming
By Uchechukwu Agbakwuru
8 months ago
- Top Stories
What is skimming?
Skimming is an act of stealing information through the magnetic strip on the credit/ debit cards that are used in ATMs and merchant establishments. Fraudsters collect information from a credit/debit/ATM card by reading the magnetic strip at the back of the card. For doing this, they insert a small device in the card slot of ATM's or merchant payment terminals. This device scans the card details and stores its information. A tiny strategically positioned camera may also be used to capture the PIN. Skimming can occur in ATMs, restaurants, shops or other locations.
How to avoid skimming
Protect your PIN by standing close to the ATM or cover the key pad with your other hand when entering your PIN
If it appears to have anything stuck onto the card slot or key pad, do not use it. Cancel the transaction and walk away. Never try to remove suspicious devices
Be cautious if strangers offer to help you at an ATM, even if your card is stuck or you are having difficulties. Do not allow anyone to distract or help you
Check that other people in the queue are at reasonable distance away from you
Keep your PIN a secret. Never reveal it to anyone, even to someone who claims to be calling from your bank or a police officer
Regularly check your account balance and bank statements, and report any discrepancies to your bank immediately
Memorise your PIN never write it down or store it on your mobile phone.
Never use your date of birth as you ATM PIN
Be aware of your surroundings and people nearby
Monitor your account, statements and report suspicious transactions to the bank
Do not take help offered by strangers or allow anyone watch you enter your PIN[NewsNaira]
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