Common Types Of Fraud And Scam: Skimming, Jackpotting, And Card Cloning

​Beware of ATM Skimming! Frauds and Scams target you. You should protect yourself.

What are Skimming and Jackpotting?

Illegal installation of malicious hardware (e.g., scanner, camera, keypad overlay) or software in Automated Teller Machines (ATMs) or Point-of-Sale (POS) devices. The scanner copies the information on the debit, credit, or ATM card while the camera captures the Personal Identification Number (PIN). This enables hackers to create counterfeit cards and gain access to accounts. 

Jackpotting happens when illegally installed software gives hackers control over ATM functions.

Remember

• Look out for unusual features or loose parts of an ATM or POS device. 
• Cover the keypad when entering your PIN. Use ATMs in well-lit and well-guarded areas. Ensure that your debit, credit, or ATM card is equipped with a Europay, MasterCard, and Visa (EMV) chip. 
• Do not let other people use your card or stand close by when you make transactions. 
• When transacting with a merchant using a POS device, keep an eye on your card and the cashier. 
• Regularly check your account balance and billing statements. Report unauthorized or suspicious transactions to your bank or financial institution immediately.

What is Card Cloning?

Creation of counterfeit credit, debit, or ATM cards, and using the same to make purchases or withdrawals against the legitimate owner’s accounts.

Remember

• Keep an eye on your cards at all times during all transactions. 
• Do not post pictures of your cards on social media. 
• Do not give your personal information and account details to anyone. 
• Verify the legitimacy of stores (including online shops) and their personnel.