Nowadays, many cases of ATM cloning are coming out through ATM, due to which people make another card of your card. You do not even know and money is deducted from your account.
With the increasing trend of ATM, crime related to ATM is increasing. Along with online transactions, people are now being trapped by making some changes in the ATM machine. In this, ATMs are involved in cloning and money is withdrawn from your debit card. In such a situation, we know what is ATM cloning, through which money can be robbed from the account. Also Read: Mutual Fund Profit plan: Know how can you make good money without epf and ppf, Check here all details
What is ATM cloning? –
Cybercrime experts hide a camera etc. in the ATM machine. By which they get information about your card information and password etc. Fraudsters make clones while swapping ATMs by installing a special type of device. After this, withdraw money from the account through this.
How to be saved?
If you also want your card to be saved from cloning, then whenever you go to the ATM, the cardholder should always check the place where the card is inserted in the machine while withdrawing cash from the ATM machine. Because thugs keep special devices at this place. Similar devices can be mounted above the keypad with the password.
It should be tried that whenever withdraw money from ATM, while writing the password, hide it from hand when the ATM is empty. Cardholder should use EMV chip based card in place of magnetic card.
If the PoC machine does a transaction without OTP in the shopping mall, then go to the bank and issue a secure card, which will complete the transaction through OTP only. Set a withdrawal limit in your card, so that only a limited amount of money can be withdrawn in case of cloning or fraud.
