ATMs have become an integral part of our lives. They provide convenient access to cash and banking services. However, criminals are always finding new ways to exploit technology for their gain. One such deceptive scheme is the ATM card trap scam.
The ATM card trap scam is a sophisticated method used by fraudsters to take your money and personal information. Let’s dive into what it is and how you can protect yourself.
What is the ATM Card Trap Scam?
The ATM card trap scam involves fraudsters using skimming devices to steal your card information and distract you from stealing your Personal Identification Number (PIN). Here’s how it works:
Tampered ATMs: Scammers physically alter the ATM’s card reader. They may attach a skimming device or even remove the reader entirely, causing your card to get stuck.
Feigning Helpfulness: When your card gets stuck, a seemingly helpful stranger might appear. They offer assistance, but their real goal is to distract you.
PIN Stealing: The scammer may convince you to re-enter your PIN to “unstick” the card. While you do so, they observe your keystrokes or offer to call the bank for you.
Emptying Your Account: Once you leave, the scammer retrieves your card and withdraws money using your stolen PIN.
Tips to Stay Safe:
Inspect the ATM: Before using an ATM, examine it for anything unusual around the card slot. Look for suspicious attachments or loose components.
Check for Tampering: Be cautious if the card reader looks different or if there are hidden cameras. Cover your hand while entering your PIN.
Avoid Relying on Strangers: If your card gets stuck, don’t seek help from strangers. Instead, contact your bank directly using the customer service number on the back of your card or through the official app.
Never Share Your PIN: Bank officials will never ask for your PIN over the phone or in person. Keep it confidential.
Choose Secure ATMs: Opt for ATMs in well-lit areas with security cameras. Prefer those located inside bank branches during operating hours.
Report Tampered ATMs: If you notice a tampered ATM, report it to the bank and authorities immediately.