I've heard that I should watch out for any unexplained changes in the face of my bank's ATMs. Why should I be concerned?
Be vigilant for unexplained changes in the appearance of familiar ATMs. Organized criminals have been installing carefully camouflaged equipment over the card slots on legitimate ATMs, along with tiny cameras designed to record customers as they enter their personal identification numbers (PINs). The equipment is used to steal card number and PIN information that's used to create counterfeit ATM cards in eastern Europe and other far-away places. The crooks use the bogus cards to steal money from innocent bank customers (and, ultimately, their banks). There are pictures of how this equipment might look on a University of Texas Web site. It's often hard to detect this sort of equipment, and there are other similar methods to copy card and PIN data, so we urge our readers to pay close attention to their regular checking account and credit card statements, and report any unrecognized transactions to their financial institutions right away.
BankingQuestions.com is a free service made possible by the generous support of our advertisers. Advertisers are not responsible for site content. Please help us keep BankingQuestions.com FREE by supporting our advertisers. When you see an ad for a product or service you may have an interest in, click through to learn more.