One of today’s most prevalent methods of financial fraud is card skimming. Card skimming is a type of fraud where criminals install small, hidden devices known as skimmers on ATMs, gas station pumps, or payment terminals. These devices secretly capture card details, including the card number and magnetic stripe data. In many cases, fraudsters also install pinhole cameras or fake keypads to record PIN entries, allowing them full access to compromised accounts.

Fraudsters attach skimming devices to legitimate card readers, often blending them seamlessly to avoid detection. When a victim swipes or inserts their card, the skimmer records the information from the magnetic stripe. If a hidden camera or fake keypad is present, it captures the PIN as the user enters it. Using the stolen data, criminals create duplicate cards or use the information for online purchases. Once the fraudsters gain access, they withdraw money or make fraudulent purchases, often before the victim realizes what has happened.

To protect yourself from being a victim of card skimming consider using contactless payment options whenever available. Tap-to-pay and mobile wallets reduce the need for swiping or inserting cards.

If contactless options are not available, be sure to inspect the card reader before inserting your card. Any irregularities such as loose or misaligned card slots, wobbly keypads, or unresponsive card readers may be a sign of a skimming device.

Always shield the keypad with your hand when entering your PIN, as some fraudsters will install hidden cameras in combination with the skimming device. Small holes or strange objects near the keypad could indicate the presence of a hidden camera.

You can also help to protect yourself from fraud by being proactive. Monitor your bank statements each month and regularly check your account for unauthorized transactions. In addition enable fraud alerts, such as Union State Bank’s CardValet®. This free app offers notifications for suspicious activities on your account.

If you suspect that your card details have been compromised contact your bank immediately to report the fraud and freeze your card. They can help you to check your transaction history for any unauthorized charges. You should request a new card with a different number to prevent further misuse. And you may consider filing a police report as your information may assist with ongoing investigations.

In conclusion, card skimming is a growing threat, but staying aware and taking precautionary steps can minimize the risk. By inspecting payment terminals, using secure payment methods, and monitoring account activity, you can protect yourself from falling victim to this form of fraud. If you ever suspect skimming, act quickly to limit financial loss and secure your personal information.

For additional information about online scams and cybersecurity visit our website: https://www.myunionstate.bank/services/mobile-and-online-banking/online-security-tips

Please Report Scams

If you spot a scam, please report it to the Federal Trade Commission.

• Call the FTC at

1-877-FTC-HELP

(1-877-382-4357)

or TTY

1-866-653-4261.

• Go online: ftc.gov/complaint

Your report can help protect other people. By reporting fraud, you can help the FTC’s investigators

identify the scammers and stop them before they

can get someone’s hard-earned money. It really makes a difference.

Information provided courtesy of Federal Trade Commission. FTC.gov/PassItOn

Remember: We will NEVER reach out to you over the phone or through a text message unexpectedly, and request any of the following info:

• Full account #

• Personal Info like Social Security # or Date of Birth

• Online Banking Username and/or Password

• Full debit card # or CVV Code

• Debit Card PIN

• One time passcodes provided by the bank for digital verification purposes

• Driver’s License Information