Articles Tagged ‘atm fraud’

What is ATM Card Skimming and How to Protect Yourself From It?
Monday, February 27th, 2012
What is ATM Card Skimming and How to Protect Yourself From It?ATM cards are a convenient and popular way to access the funds in our bank and checking accounts. But using an ATM card is not without risk. Unfortunately, the practice of “ATM skimming” has become a problem in recent years. ATM skimming is when a thief installs a card reader inside the ATM card slot. This device will read the information on your ATM card’s magnetic stripe when you insert the card into the machine, so that the thieves can “clone” your card and use it to withdraw money from your account or make purchases at retail stores. Many times...

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