What is a skimming device?
When it comes to protecting your identity and personal information, you can never be too careful. Thieves are placing realistic looking overlays on top of actual card readers so that when you swipe your card, both the skimming device and merchant terminal are reading your card information. They often use hidden cameras, laptops, or cell phones to record the PIN. The criminals usually leave the devices on the machines for short periods of time and then pry the device off and use the recorded information to create fake debit or credit cards, withdrawing thousands of dollars from accounts. You are vulnerable wherever you use your plastic cards. Catholic Federal Credit Union members are not liable for fraudulent transactions on their accounts.
How Do You Protect Yourself?
- Inspect the card reader before inserting your card. Since skimmers are usually only on the machines for a matter of hours, they are often loosely attached. If there are loose parts, scratches, or something doesn’t seem right, DO NOT use the machine. Contact the financial institution right away, as well as law enforcement.
- Cover the keypad as you enter your personal information number and complete your transaction.