Thursday, July 10, 2008

Identity Theft Involving ATMs Increases

We should always be cautious at ATMs. My post on shoulder surfing gave just one reason. However, a recent news report should remind us to be extra vigilant not only about who might be watching but about which ATMs you use. Identity theft involving ATMs is increasing, and the ones you find in convenience stores are the biggest problem because they are easiest to tamper with.

According to the report, the use of skimming at ATMs in stores and other public places is on the rise. While they may seem convenient, especially when you need some quick cash at a store or restaurant that only accepts cash, they may have a skimmers attached to them. Is the convenience worth having your bank account information compromised? The best way to avoid this problem is to only use bank-owned ATMs. While they may not be perfect, they are more secure when it comes to protecting your private information.

You should always be cautious when using ATMs, but you save yourself a lot of trouble upfront if you use your bank's ATM or one owned and operated by another reputable bank.

No comments: