Debit card protection is extremely critical for living safely in today’s world.
Unfortunately, thieves are now targeting debit cards, big time!
The Federal Bureau of Investigation has reported that every year “skimmining” ATM’s is costing United States banks hundreds of millions of dollars.
Skimming usually affects placing electronic devices over an ATM’s standard card reader for the thief to steal your information from the magnetic strip on the card and using cameras that are hidden.
Go to types of identity theft to become knowledgeable on other ways your identity is vulnerable.
It’s better to avoid ATMs at night, especially going alone, or repeatedly using ATMs that are in a secluded area.
It is always a good idea not to go alone, but take someone with you for added security.
Here are a few dangers you should be aware of:
Wi-Fi locations that are public are now a huge threat to the average person and are a hotbed for criminals who are intent on using this format for identity theft.
Using a debit or credit card in a setting like this would be very dangerous and compromise your identity.
Go to dangers of online shopping for the types of card to use and tips to protect your security when you shop online.
Is your sensitive card information being stolen? This might be happening to you right now and you don’t even know it.
My bank had this happen recently, and this was a big wake-up call for everyone, because this type of identity theft know as “skimming” is on the rise.
At the same time, small wireless cameras (or overlays) to existing personal ID number pads are designed to collect PIN information. Wow! What a technology scam!
The thief then takes that stolen information and sells it on the internet or has the ability to make fake cards.
Here are some tips to apply for debit card protection;
If the card reader appears loose, you are able to tug on it and it comes off or, if any external part is loose and recently added to the machine, it more than likely has a skimmer on it.
Always be aware and who and what is around you and if anything at all looks out of the ordinary.
For better debit card protection whenever I’m in a store, buy gas, or in a restaurant, etc, I Always cover the key pad when putting in my PIN number.
I started to do this years ago when “shoulder surfing” started to become very popular with criminals.
Shoulder surfing is done by a person standing behind you that peers over your shoulder with the full intention of stealing your PIN number by recording it.
Click here to check out more tips and to learn more about credit card scams.
Gas stations have been a favorite target of scammers with the sole intent of stealing your identity when you fill up at the station.
This is one of the main reasons that showed how vulnerable this type of crime made us and how dangerous it is to use a debit card.
Customers found using a credit card was actually less hazardous to their health than using their debit card.
Many locations don’t have anyone monitoring the machines, which results in skimming going unnoticed.
Most times the “helpful” person is the one that caused the machine to have trouble so that just this scenario would happen and, in turn, you would become a victim of identity theft.
Debit card protection starts with being knowledgeable to all the pitfalls associated with using a particular type of card.
Another extremely sensitive area to be aware of when using your card is anytime it goes out of your immediate sight, such as in hotels, bars and restaurants.
I hope these debit card protection tips will make is easier for you to stay safe and not become the next victim of identity theft.