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Author Topic: ATM FRAUD ALERT!!. How prepared are Nigerian Banks?  (Read 1360 times)

gbconcepts

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ATM FRAUD ALERT!!. How prepared are Nigerian Banks?
« on: September 19, 2009, 06:38:57 AM »
This is a wake up call to ATM service providers in Nigeria and Africa in general.
It is also an eye opener to you the readers of this post and all readers of my blog.

Cybercriminals and Offline gangs are now using skimming devices to steal ATM card details of individuals and using it to milk such victims dry without such individuals knowing.

Many folks out there may not be aware that it is possible for their funds to be stolen electronically by stealing it from you at the ATM.
This process is called “skimming,” and it involves installing a card reader and a camera on the ATM. The card reader gets the information on the magnetic stripe on the back of your card, and the camera watches what you enter for a PIN and transmits the information wirelessly to the thieves.

So when next you are using an ATM machine, it will be a good idea to keep an eye out for these devices.
You may ask how do I know what to look for?
To get answers to these and more visit the link below.

See the video man gets busted by police installing ’skimming’ device to ATM. See photos of what these devices look like and get free download of pdf document on how to I.D a skimmer.

http://www.gbconcepts.net/blog/?p=75

After reading the article you will get real wiser.


Peter B

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Re: ATM FRAUD ALERT!!. How prepared are Nigerian Banks?
« Reply #1 on: September 19, 2009, 04:58:01 PM »
ATM cards are definitely so not safe nowadays, saw a story in the newspapers a few days ago too of how the Police arrested card cloners in lagos. That can clear your account with just your Card Number and PIN, well, till its safer, I don't think I'm using those things as much as before

gbconcepts

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Re: ATM FRAUD ALERT!!. How prepared are Nigerian Banks?
« Reply #2 on: September 20, 2009, 01:57:18 PM »
Good decision Peter my brother.
For those who want to continue using the service here's a link to how to keep yourself safe.
http://www.bankrate.com/brm/news/atm/20070521_ATM_fraud_scam_a1.asp

dgreatrock

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Re: ATM FRAUD ALERT!!. How prepared are Nigerian Banks?
« Reply #3 on: September 21, 2009, 07:58:36 AM »
We all gotta be careful with these fraudsters