Be aware of the thieves are out there
Debit card usage is on the increase and to match that debit card fraud is also. As companies look for new technology solutions to protect the clients, in consequence the criminals develop more ways to scam them. Identity theft is all around and a huge cause of disruption in people’s lives and businesses.
Invest in a shredder and use it to destroy any mail with pre-labeled information on you and your home. Regularly check your accounts for any discrepancies and not just once a month! Do not use personal information on public accessible computers. Frequently change passwords and do not store them.
Be aware of scams and frauds regarding both debit card fraud and credit cards.
This is where the criminals use technology to help themselves to your money. The most popular venues for this type of fraud are; grocery stores, ATMs and automated fuel dispensers. This is where the criminals place an electronic box, known as a skimmer near the cash register or point of payment. The skimmer steals the information encoded in the debit card.
To try and alleviate this type of scam do not let your card out of your sight – be seen to be watching.
You give your card to pay, often in a restaurant but the card that comes back is not yours. Unscrupulous restaurant and criminal staff often keep stolen cards for this very purpose replacing yours with a similar one and then they go shopping.
Check your card carefully before you put it back into your wallet or purse.
Cell phone Scammers
This where you are using your card to pay and someone close by is using their smart phone to take pictures or videos of your card and PIN as you do so.
Be aware of your surroundings, and this goes especially for cell phone users, conceal your card as much as possible and cover the PIN keyboard when you use it.
Stuck key fraud
Thieves glue down certain keys on the ATM keyboard to halt a transaction after the card and PIN have been inserted, not allowing the card to be returned. When the user goes for assistance the thieves either release the glued keys on use the touch screen (that many do not realize the ATMs have) to help themselves to your money.
Any problems at an ATM try not to leave the machine unless you have contacted your bank to cancel your card. Check if the screen is a touch screen; use your cell phone to contact for assistance, most ATM’s have a contact number in view.
Image credit: merlinsoft.co.uk