(MENAFN- AsiaNet News) Authorities warn as Automated Teller Machines (ATMs) fraud instances increase. Fraudsters interfere with card readers, trapping them during transactions. Here are 7 common ATM frauds and how to stay safe.
Here are 7 common ATM frauds and how to stay safe.
![Skimming]()
Installing a tiny shimming device on the machine to gather magnetic data from the ATM card.
![Cloning]()
ATM card cloning is also considered hacking. Cloning fraudsters typically target the elderly, who are less knowledgeable and cautious of such scams and frauds.
![Trapping]()
Installing a system that traps an ATM card in the machine's card slot. The fraudster takes the card, while the victim seeks aid in getting it out.
![Keyboard Jamming]()
Fraudsters jam important ATM buttons like 'Enter' and 'Cancel', leading the victim to have a failed transaction. Scammers steal the card as the victim leaves to seek assistance.
![Simming]()
Shimming is a more advanced type of ATM fraud in which thieves use a tiny, card-sized device called a shim to retrieve data from a debit or credit card chip.
![Card Swapping]()
Card Swapping is a complex type of ATM fraud in which a fraudster monitors your PIN entry and then uses a distraction method to replace your card with a counterfeit one.
Phishing is a dishonest attempt to get private information such as usernames, passwords, and credit card details by impersonating a trustworthy entity in electronic contacts.
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