ATM Skimming: What it is and how to combat this fraud

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In an increasingly digital world, security in financial transactions has become a primary concern. Among the various threats, ATM skimming stands out as a sophisticated and harmful fraud. In this article, we will explore what skimming is, how to identify and combat this practice, emphasizing EBRAX’s innovative solution: the Anti Skimming Module.

What is ATM Skimming?

Skimming is a type of financial fraud where devices, commonly known as “chupacabras”, are installed in ATMs to capture credit and debit card information. These devices can include fake card readers and hidden cameras to record PINs, enabling identity theft and unauthorized access to bank accounts.

Identifying Skimming Devices

Skimming devices are designed to be unobtrusive and look like regular ATM components. However, it is possible to identify them by observing:

  • Bulky or misaligned card readers.
  • Weird keyboard overlays.
  • Unusual attached parts that can hide cameras.
  • Unusual sensations when entering the PIN, such as sticky or stiff keys.

Our solution to combat ATM skimming fraud

Our anti skimming module is an advanced technological response to the skimming challenge. This security device is designed to detect and prevent fraud at ATMs, using a combination of sensors capable of identifying any skimming frauds installed at ATMs. With its self-adjustment system, EBRAX anti skimming distinguishes normal ATM use from a fraud attempt, ensuring effective and discreet protection.

Conclusion

ATM skimming is a real and present threat in the current financial scenario. However, with surveillance practices and innovative solutions such as the EBRAX Anti Skimming Module, it is possible to effectively combat this form of fraud, ensuring the security of users’ financial information. Prevention is the best way, and EBRAX is at the forefront of this fight against skimming.