ADT Security Warns of ATM Skimming

9 April, 2009

ATM users, beware! Despite your efforts to be careful with bank account information during ATM transactions, tech-savvy criminals can still victimize you with skimmers. Instead of accosting you during a withdrawal, thieves may access your account using portable electronic devices called skimmers.

Skimmers are devices that record your private bank information. According to the Director of Strategy and Planning for Diebold Inc., Jim Pettitt, the most popular skimmer uses a 512kb memory card that can store information from approximately 3,000 bank accounts.

How does skimming work?

According to Hank Monaco, Vice President for ADT Security Services, skimming is a multi-step process. First, the criminal must attach both a skimming device, and a discrete video camera, to the ATM machine. The video camera captures the ATM user as he or she enters the PIN number. Typically, the camera is placed above the keypad. Next, the criminal waits as bank information from each ATM transaction is recorded onto the skimmer. Simultaneously, the camera records the process. The account information is time stamped, and synched with the criminal’s laptop computer.

After the criminal has recovered the skimmer and the camera, he or she can create an illicit copy of your ATM card, enter your PIN number from virtually anywhere, and empty your account.

How can you protect yourself?

1. Thoroughly inspect the ATM before making a transaction.
2. Cover your PIN number. Even if no one is near the ATM, cameras are surrounding you. Protect your privacy by placing one hand over the keypad as you enter the PIN number.
3. Do not trust strangers. Be weary of anyone surrounding you during an ATM withdrawal. Someone offering assistance could be a potential predator.
4. Check your account balance regularly. By keeping regular tabs on your balance, you can avoid liability in the case that you fall victim to skimming.