Are ATMs Risky? How to Protect Yourself from ATM Fraud and Theft

Learn about ATM risks like skimming and hacking, plus tips to stay safe when using ATMs in public places.

Published

Video transcript

Using ATMs can carry risks such as skimming, card theft, or hacking. To minimize these risks, use ATMs in well-lit, secure locations, cover your PIN while entering it, and regularly monitor your bank statements for any unusual activity.

Questions and answers

  1. What are the common risks of using ATMs?

    Common risks include card skimming, PIN theft, card cloning, and hacking of ATM machines.

  2. How can I protect myself from ATM fraud?

    Use ATMs in well-lit, secure locations, cover your PIN when entering it, and regularly check your bank statements for suspicious transactions.

  3. What should I do if I suspect my card has been skimmed?

    Immediately contact your bank to report the issue, monitor your account for unauthorized transactions, and consider changing your PIN or requesting a new card.