How to Protect Yourself from ATM Skimming

ATM fraud is a growing concern.

Thanks to mobile technology, thieves can very easily lift information off of your ATM card and create a counterfeit card. This is called ATM skimming. If you’ve never heard of ATM skimming watch the video below.

With ATM skimming, criminals hide a card reader at ATMs or use them at restaurants or stores. These skimmers are able to pull the information from your ATM card, which can then be transferred to counterfeit cards.

According to one study, 1 in 10 Americans are victims of ATM and credit card fraud. If you want to protect your ATM Card information, follow these tips.

• Pay with Cash – It may sound like a hassle, but don’t give strangers access to your ATM card at restaurants, airports and other places where you might lose sight of your card.

• Avoid Stand Alone ATM Machines – It’s always safer to use an ATM machine near a bank. That’s because banks have cameras and other security features to protect against ATM skimming.

• Look for Cameras – Whenever you need to use your ATM card, make sure there are cameras nearby. This will help to keep you safe from ATM skimmers as well as criminals who may attempt to rob you at the machine.

Following these three tips will help protect your ATM card from criminals. For even more safety tips, read other postings on the Hue & Cry Blog.