Recently, we’ve seen an increase in card skimming. Card skimming is a popular way for thieves to steal your card information and gain access to your money. If you ever use your debit or credit card at an ATM, gas station pump or vending machine, then you are potentially at risk. The criminal installs a skimmer right over the existing card reader that retains the information from the card’s magnetic stripe. Most of the time, they will also hide a small camera to capture the PIN as it’s being entered by the cardholder.
Tips to avoid card skimming:
If the machine you are using looks like it has been tampered with – DON’T USE IT.
Protect your PIN – ALWAYS COVER THE PIN PAD.
Skimmers are small and made to look like part of the machine – but they’re not. They may be loosely attached or a different color than other similar parts.
If you think the machine has been tampered with, report it to the owner of the machine or local authorities and find another machine.
Keep an eye on your account activity – CATCH FRAUD EARLY
Look for machines with built-in PIN guards, small surrounds that help obscure the PIN pad, if there’s no PIN guard, use your hand to cover your PIN.
If thieves can’t see you enter your PIN, they’ll have a much harder time figuring it out.
Use Online and Mobile Banking to easily check your account activity.
Report Fraud, if you see anything suspicious, contact us immediately.
Fremont Bank is also taking steps to increase security. We’re installing PIN guards on all our ATMs and should be done by the end of the year. In January, we will be issuing new debit cards with chip technology. The new cards will have a microchip and when used at a chip-enabled terminal or ATM, a unique code is generated with every transaction, making them more secure and difficult to counterfeit.
Remember, Fremont Bank is part of the Allpoint ATM network with 55,000 surcharge-free ATMs worldwide. So, if something doesn’t look right at an ATM, play it safe and find a different one.