Do you really know? How can I protect myself from bank card skimming?
Jun 12, 2025
Bank card skimming is on the rise, with a staggering 96% increase reported in the US. Discover how fraudsters clone cards and the clever tactics they use for their schemes. Learn practical tips to safeguard your finances while using ATMs and retail stores. Banks are stepping up their game to protect consumers, but awareness is crucial. This short discussion breaks down the risks and empowers listeners to stay one step ahead of criminals!
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Rising Threat of Card Skimming
- Skimming is a hidden criminal practice that clones bank cards at common places like ATMs and petrol pumps.
- It is increasingly frequent, with a 96% rise in debit card skimming reported in the US during 2023.
How Skimming Devices Work
- Skimmers attach over the card slot on ATMs or terminals to copy your magnetic stripe data when you swipe or insert your card.
- Some devices even record your PIN with tiny cameras or fake keypads to steal complete info quickly.
Prevent Skimming with Safe Habits
- Always watch for signs of tampering and cover the keypad when entering your PIN at ATMs.
- Prefer ATMs inside bank branches and use contactless payments or mobile pay to avoid skimming risks.