ATM - POS Fraud
How Does it Happen?? (Skimming of Your Card Data)
You give your card to some one to pay a bill
- They take it and scan it on a device that copies the Magnetic Strip data from your card.
- They then create a counterfit card with that copied information on it and use it at any location that accepts cards.
You use your card at an ATM or a Point of Sale (POS) location
- The ATM or POS equipment has been modified to copy the Magnetic Strip data when you swipe your card.
- That copied data is used to make a counterfit card which can be used at ATMs or at POS Terminals.
What Can I do?? (Be Observant)
- Examine ATM's that you use to see if the card slot looks like it had been modified to be able to scan your card info
- Look for any evidence (Tape Residue, etc) that would indicate that something has been stuck on the ATM to capture your card info
- Look for any one standing behind you or to your side that might be trying to see your PIN as you enter it on the ATM or POS terminal.
- Look for TV cameras or pin hole cameras that might be focused on the keypad where you enter your PIN.
- Check your Card Activity reports either On-Line or on the Monthly Statement to make sure that there are no Fraudulent Charges
- If you see Fraudulent Charges contact the Issuers of your card and get the card Hot Carded so no further charges can be made.
- Get your Card Issuer to provide a new card, with a new card number and PIN for your contuned use
Where does Skimming happen?
- Restaurants - 70%
- Gas Station Pumps - 15%
- Hotels - 5%
- Car Rentals - 1%
- All Other Locations - 9%