ATM Distraction Fraud is when criminals approach you when you are using the ATM and create a distraction. During this distraction the criminals will attempt to steal your cash or your card having just previously shoulder surfed your PIN number. The most common types of ATM distraction fraud are:
Please note that the above instances can have a number of variations and can take place at an ATM or prior to using a retailer.
ATM skimming is when criminals electronically “skim” the Magnetic Stripe at the back of a Bank card in order to steal a card details and Personal Identification Number (PIN) during ATM transactions.
By fitting an often unseen portable electronic card reader and mini camera onto an ATM, they can:
It should be noted that these events can happen on the ATM of any bank and is not particular to permanent tsb ATM’s, indeed should you take the necessary precautions on a permanent tsb ATM the risk of compromise is very low.
The cardholder information gleaned from the skimming is normally sold onto crime syndicates and used immediately. While the crime can happen at your local ATM the fraudulent transaction may well take place abroad.
The following video shows criminals fitting a camera to an ATM. While this camera is fitted above the ATM there have been incidents where the camera is fitted to the side of the ATM.
When a cardholders information is gleaned via ATM skimming the fraudster requires the PIN to allow them to use the cloned card. In this video you can see how easy it is for a fraudster to obtain your PIN. Once the fraudster has cloned your card and obtained the Pin they can freely withdraw funds from your account/card.
When a cardholders information is gleaned via ATM skimming the fraudster requires the PIN to allow them to use the cloned card. In this video it can be seen how easy it is to prevent the fraudster from obtaining the PIN by simply covering your hand. This method should also be used when using a point of sale machine in a shop.