ATM SkimmingIdentity thieves are getting creative, sophisticated, and bold. One scam involves teams of fraudsters who install wireless devices, called skimmers, and cameras on legitimate bank ATMs. The fraudster's goal is to steal both your ATM card number and your personal identification number (PIN).
Here's how the fraud works:
- The skimmer and camera are disguised to look like normal ATM equipment. The skimmer is mounted to the front of the ATM card slot. It reads the ATM card number and transmits it to the fraudster. The wireless camera, which looks like a brochure holder, is mounted in a position to view the ATM keypad and film customers' PINs.
- The thieves make duplicate cards and use the PINs to directly access the ATM and withdraw thousands of dollars from many accounts in a short amount of time.
- Alterations to the equipment – especially near keypad
- Sticky residue or tool/scratch marks on the machine
- Card Reader overlay