Reported 11 months ago
ATM skimming involves thieves using devices to steal debit card information at ATMs or payment terminals, leading to a surge in compromised cards in 2023. Financial institutions are trying to combat this with EMV chips and tap-to-pay tech. Skimming can occur where you swipe your card, with methods including installing skimming devices, cameras, and PIN pad overlays. Protect yourself by inspecting machines, using contactless payments, covering PIN entry, avoiding non-bank ATMs, monitoring account activity, and setting up alerts for unusual transactions.
Source: YAHOO