ATMs are a convenient way to perform banking related activities. ATMs offer a bunch of facilities such as, money transfer, cash withdraw, and bill payments etc, but they also come with some serious financial security risks. Banks spend large amount of money to provide safety at ATMs, even though we can read an ATM fraud case on our daily newspaper. After notifying some incidents of ATM frauds, we decided to write a post on ATM safety for our readers. You can take some simple measures to safeguard yourself against any fraud.
Find Any Skimming Device- Skimmers use skimming devices to steal your ATM password and your card’s magnetic stripe information; to make a clone card. While using ATM machine, if you notice any suspicious device on the machine then do not swipe your card and notify about it to the concerned authorities by calling on their designated numbers (Usually, Banks write their numbers at ATMs to register complaints).