Just last week, I read in a national broadsheet warning the public to be careful and vigilant in using automated teller machines (ATM) after a new scam was discovered. I don't think this is a "new" scam since every other year or so, scammers always seem to make a comeback. They just let the issue dissipate and the moment banks and depositors let their guards down, boom! Anyway, it still involves the same modus of "skimming" or capturing an ATM card's number, personal identification number (PIN) and other important information using a specialized scanner. The captured data is then used to make a duplicate card which the scammers use to make withdrawals, without the knowledge of the depositor of course. This scam also victimizes credit card owners. The cause for the warning is a recent case of ATM fraud in UAE.
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| Image from the web |
