Knowledge about ATM security is the key to keeping you safe from identity theft and the credit card scams that have devastated so many families.
The one scam that has increased significantly and is growing in enormous proportions is the ATM scam.
This scam has also become very sophisticated as to how the thief accomplishes his goal of stealing your personal and private info.
The amount of victims is extreme and climbing.
Unfortunately, we all have to use gas stations, so this identity theft scam affects all of us.
Suspects rigged ATM card readers at gas station pumps throughout the area to steal PIN and card numbers by using their own cameras.
There are already five victims of this ATM security scam that have been identified at this time.
The number is expected to grow in alarming numbers before this is all said and done.
Identity theft scams also hit ATM’s.
A highly organized group of criminals is installing equipment on legitimate bank ATM machines to steal both the ATM card numbers and PIN numbers.
This is usually done over evenings and weekends from equipment they install on the front of the ATM machines.
If you see an odd rectangular attachment in the approximate spot where you insert your ATM card - BEWARE! Do Not use this particular ATM machine.
Report the ATM security scam immediately to the bank using their 800 number on the phone on the front of the ATM.
The equipment is called a “skimmer”, and reads the ATM card number and PIN number and transmits it to the criminals sitting in a nearby car.
Wow! Thieves put in a lot of time and energy to put these ATM security scams in action.
The thieves copy the cards and use the PIN numbers to withdraw
thousands from many accounts in a very short time directly from your
It’s amazing how identity theft scams keep evolving into effective ways to steal your personal info.
Another very high-tech scam uses a Speedpass key tag to charge gas.
Exxon/Mobil stations are one of the places that have this technology at the moment.
The person waves the Speedpass key tag across the front area of the gas pump or convenience store terminal.
The chip is then activated from a signal in the gas pump.
A professor from John Hopkins University, and some of his graduate students, ran their own test and found a security flaw.
In just one quarter of a second the laptop grabs the Speedpass account information.
The crazy thing about this type of identity theft is you don’t even have to touch the person.
Data is encrypted, but the students found it was an easy code to break. It took about 25 minutes.
The thief then goes and gets gas and/or all the goodies you can buy in the gas station store with the Speedpass information they stole from you.
Mobil claims thieves haven’t tried this before and, if it happened, the customers wouldn’t have to pay.
Mobil stated it was a non-issue.
Protect yourself and don't become vulnerable to all the different ATM scams making the rounds.