There are several ways in which criminals may use debit or credit cards to attempt fraud. Knowing the methods they use will enable you to be vigilant and to adopt the best practices to prevent them.
It is becoming more and more secure to make transactions over the Internet, but attempts are still made to obtain money fraudulently. What do we need to look out for?
The distraction scam involves diverting an ATM user’s attention away from the ATM in order to find out their PIN and then steal their card. Thieves using this method generally offer assistance or pretend to have a problem.
When an ATM is not working, a person posing as a technician, a bank employee or a police officer asks users to re-enter their PIN code so he or she can memorise it and then steal or swap their card.
Card trapping involves hacking an ATM so that credit cards get stuck inside it. The thief then offers to help the user, asking them to re-enter their PIN so that he/she can memorise it. Then all the thief needs to do once the victim has gone is to retrieve the card from the machine.