ATM Withdrawal of funds: Many incidences of account clearing through ATMs have come to light in India in recent days. If you withdraw cash from ATMs, this information is very useful to you. Your bank account can be depleted by a single mistake; in such a case, keep the following points in mind when using an ATM.
ATM Card Cloning: Nowadays, everyone uses ATMs to withdraw cash. However, if you make a minor error when taking cash from an ATM, your account may be emptied. In the wake of rising cybercrime, online transactions and ATM withdrawals are also not secure. Cyber thugs are incredibly clever, so use caution whenever you withdraw money from an ATM. When withdrawing money from an ATM, keep the following points in mind.
What exactly is ATM cloning?
If you withdraw cash from an ATM, you must thoroughly inspect it afterward. The most serious threat in an ATM is card cloning. Your information is simply withdrawn from here, and your account is quickly depleted. Let’s see how easily your information may be stolen here.
This is how cyber hackers steal your information.
In digital India, hackers have also grown highly sophisticated. These hackers take the customer’s banking information through the ATM machine’s card slot. You have no idea, and these hackers installed such a gadget in the ATM machine’s card slot, which reads your card details. All of your information is preserved in that device via this device. Following that, these hackers grab the data using Bluetooth or another wireless device.
How do you stay alert?
No matter how skilled the hackers are, if you remain vigilant, your money will be safe. Actually, the hacker must have your PIN information in order to have complete access to your debit card. However, hackers have a method for this as well. They use a webcam to track your PIN number. That is, they are completely prepared for data theft. In this case, conceal the PIN number with your other hand every time you input it.
Check the ATM machine’s card slot before withdrawing cash – Before withdrawing cash, check the ATM machine’s card slot.
If the ATM card slot has been tampered with, or if the slot is loose, do not use it.
Keep an eye on the ‘Green Light’ blazing in the card slot as you insert it.
If the green light in this slot is on, your ATM is secure.
If it does not have a red or other light, do not use it under any circumstances.
