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50 W. Lancaster Ave., Ardmore, PA 19003 610-896-6435
We are using electronic financial transactions more frequently. In fact; every time we pay for purchases with a debit card, withdraw money from an ATM and pay for gas at the pump, we have used an electronic transfer of money.
Unfortunately, criminals see opportunity in all electronic transactions, which leads to a growing threat called SKIMMING. The thieves are clever, but you can protect yourself against criminals who try to steal from you during self service transactions.
SKIMMING involves the use of a portable device that is temporarily attached to the original card scanner on any ATM or gas pump. As your card passes through the scanner, the information contained on the magnetic strip is captured by the skimming device.
Later, when the criminal retrieves the device, they have captured all the information needed to fraudulently steal money from your account.
They may even use secondary devices like cameras that record your keypad entries, or even high-tech overlays placed on the keypad to record your PIN number.
Because the devices used for skimming are temporary and will be removed by the criminal, alertness can pay off.