ATM crimes and frauds are rising throughout the world. ATM industry and many other organizations are fighting with them in many ways like by issuing security tips, making ATMs more innovative etc. In India, where the use of ATMs is growing by exponentially, banks have to take benefit from international experiences and safeguard their customers from frauds.
Mr. X went to one off-site ATM to withdraw his money. There was a signboard outside the ATM in which it was written "Due to recent fraud attempts at this ATM machine, we require you to swipe your card in the reader below before using the machine," He didn't hesitate to swipe his card in the reader indicateddespite the unusual message. Later, Mr. X came to know that his card information had been stolen and a criminal had withdrawn all his money from his account. If you see any such unusual message at any ATM, immediately report to the concerned bank.
ATM crimes and frauds are mounting day by day. Even though they make up a small percentage of criminal activities they are not less important. Criminals are raiding millions every year. |
