Published On: Fri, Mar 8th, 2019

How to avoid fraudulence on your card transactions?

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It’s been a while since hackers have started to hack ATM cards through ATM machines and the web portals you use. It is recorded around $624 billion card fraudulent transactions in a year.

In all these years, in spite of all the security measures that organizations, government authorities and individuals take there is still a mess around.

So, how one could get rid of these hacking issues?

The only solution that one can take towards these hacks is educating oneself about the fraudulent that are happening around. In today’s post let us discuss on how to avoid fraudulence on card transactions.

#1 Check your ATM Machine before transactions:

The most common method used to hack cards through ATM machines are “SKIMMER” Technique. The skimmer helps to capture the details on the card which can retrieved to generate duplicate cards.

Skimmers are hard to be noticed as they are actively placed on the machines itself. So, you need to be very keen in noticing what is happening around you and the machine. The following are some of the important steps that help you to be cautious about such hacks.

  • Be aware of tampering including scratches or marks
  • Be aware of any new or suspicious objects on or above the machine
  • Be aware of any movable objects when the card is pushed in the ATM

In case if you notice any of the above report it immediately to the bank or the finance organization that owns the ATM.

#2 Protect your PIN:

Added to your card details scammers need your PIN to activate your card and grab money. That is why a few skimmers are accompanied with a mini camera. These skimmers can capture the PIN as you type them on the ATM keypad.

These cameras are really hard to detect as they do not have large pinhead. In order to avoid this happening, you can use your free hand to cover your PIN as you type them on the keypad. This is the only effective step to prevent such spy cameras from recording your secret PIN.

#3 Have an eye on your card:

Not all card-related tricks occur at the ATM. Another basic spot for scammers to take your card data is at an eatery or shop. This could include a server removing your card from your table when you pay the bill yet running it through a skimmer while they’re grinding away. On the other hand, a store orderly may skim your subtleties while it’s behind their work area.

#4 Use card on SSL installed portals:

SSL certified websites are the most reputed form of websites that help you to make trustworthy transactions. In case if you are purchasing a product online, the foremost thing that you need to check before you purchase a product is the “SSL Certificate”.

An SSL certificate can be identified through a green padlock along with the “https” URL on the browser. If you don’t find any such identities on the website that your about to make transactions, then something is fishy around and it is better to avoid making transactions on that website.

#5 Verify your account balance:

Banks are normally very successful at distinguishing suspicious movement on their clients’ records. However, they’re not impeccable. So, check your record balance normally. When you do, experience your transactions and ensure they coordinate to what you’ve spent. In the event that you have a shared service ensure your accomplice does likewise.

While this won’t keep your card subtleties from being stolen or your record from being undermined, it will enable you to limit any harm. Also, on the off chance that you see anything suspicious call your bank or monetary establishment right away.

#6 Do not submit your card to anyone:

You don’t must have to physically hand your card to someone else to have it bargained. All things considered, we’re frequently approached to give our card details out via telephone.

By and large that is fine. Yet, here and there a con artist will act like a genuine association so as to get your details from you. For example, they may profess to be a utilities or telecommunications organization or another legitimate business. So never hand your charge card details out to somebody who has called you. Rather, get back to the association – and utilize the number on their site to do as such instead of one they give you, as a sanity check.

The equivalent goes for online transactions. In case you’re in any uncertainty, never enter your account details, regardless of whether you’ve tapped on a connection that implies to be from a trustworthy business. Rather, go direct to their site and login.

#7. Use Strong Passwords in Net Banking

If you are using net banking than make sure to use strong password. Because if password is weak then hackers can stole your money easily. Use 7-8 different words letters, numbers, and symbols that relate to a memory that is unique to you.

Don’t share your passwords with anyone or write them down on paper on any material. Scammers can call you and ask for password to generate new credit/debit card or any other help but don’t give your password or any information to any persons.

Wrap up:

Scammers are unstoppable these days, but you can avoid giving them a chance to penetrate through your network or your personal transactional details. And it is possible through the above-mentioned steps. You need to be very attentive when you are using your card and especially when you use them on the ATM machine or online transactions.

And when it comes to online make sure the website that you use is installed with an SSL certificate. In case if you don’t find any then it is good to avoid using that website in case of transaction. No matter it is an application or a website, it is always good to prefer a SSL certified portal which is safe and trustworthy to be used.

Have I missed any of the important points? then let me know through your valuable comments.