What is ATM Skimming?
Identity thieves are very creative, sophisticated, and bold. One of their more insidious scams, called ATM skimming, involves teams of fraudsters who install wireless devices, called ATM skimmers, and cameras on legitimate financial institution ATMs.
The fraudster’s goal is to steal both your ATM/Debit card number and your personal identification number (PIN).
How does ATM skimming happen?
- 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 using your card information
- Then, they use your PIN to withdraw as much money as possible.
When approaching an ATM, Look around, be aware of your surroundings, and what your ATM typically looks like.
If you see alterations to the equipment (such as new installations or anything appearing unusual), call us 1-877-4VBSFCU.
Do not remove the ATM skimming devices.
Also, be wary when using gasoline pumps. Fraudsters will also install the same skimming devices in the card slot. If the slot area looks jammed inside, use another pump and alert the attendant.