4 Common risk of losing money at ATM card and how to avoid using ATM card
ATM is a familiar and popular form of transaction around the world. However, many risks of losing money with ATMs make users feel confused and confused. Let’s take a look at common money loss problems with Timo and how to fix them for card users!
The introduction of ATM machine with the role of providing “quick” cash to users has become an essential model at most of the bank branches in the world. According to statistics from World Bank, in 2014, more than 3.2 million ATMs were installed in the world, an increase of 12.4% compared to 2010 and is expected to increase by more than 3.5 million by 2020. In 2017. Song In parallel with the continuous development, ATM transactions sometimes put users at risk of losing money when they are not alert.
Loose account security
Covering your hands when pressing passwords is the first step in protecting your account.
Compared to safes and wallets, ATM cards are a much safer form of money storage for many people. However, not everyone is aware in the issue of account security. The subjectivity has made card users a target for thieves and hackers to steal account information. Because of fear of forgetting nature, you often choose to set a password according to easy-to-remember numbers such as “123456”, “000000”, “111111” or according to statistics from Cambridge University, up to 80% of users choose to set a PIN. according to important dates (date of birth, date of birth of a relative or anniversary, date of graduation, …). Not only set passwords easy to guess, many users also rely on them to ignore the transactional change notification service and indifferent to checking accounts, leading to loss of money but not knowing.
Do not let money “evaporate” for no reason just because of your subjectivity, it is necessary to immediately eliminate the habit of setting a PIN by date of birth and switch to choosing a password according to the numerical sequence rules such as multiplication, addition, … Besides, when making transactions, you should use your hands to cover the password to improve security and practice the habit of checking transactions regularly to detect strange transactions and promptly report them immediately. Bank.
Potential dangers when withdrawing money from public ATMs
Some public ATMs are potentially dangerous, on the one hand, because they are located in a lonely place, and on the other hand, they are not guarded. In addition, a series of sophisticated stealing tricks such as mounting the theft device on the card reader slot, keypad to steal card numbers and PIN codes; use white cards to “swallow” user cards; MP3 installation to record password press sounds or “hack” ATMs with malicious software are the leading threats that are difficult for users to recognize.
For safer transactions, you should choose to withdraw money at ATMs at banks — where surveillance and security cameras are always kept. This helps you to better secure your account and minimize thefts. In addition, you need to carefully observe the machine room, card slot, camera before withdrawing money, carefully shield your password and limit the money count again after withdrawing. In case the card is swallowed, do not rush away but immediately contact the bank to lock the card to avoid being misappropriated by bad guys.
Risks when using online cards
Online payment has many potential risks of losing money.
Online payment is becoming a global trend because of its convenience, speed and time saving. However, due to poor payment infrastructure and unsecured network security, many situations of unjust money loss for card users. The appearance of fake websites, sales of user information, security flaws and attacks from professional cybercriminals make online transactions risky, especially when User lacks awareness of card security. Statistics of the International Journal of Engineering and Information Technology (IJMEIT) in 2017 show that more than half of online payers choose a short password (6 characters) for a web account, 60% of people do not fit install anti-virus software and up to 55% of users do not “exit” their bank accounts after transactions.
In the context of risky online transactions, users need to be more conscious in protecting themselves. You should only use a secure web browser; avoid “clicking” on strange links; exit account after trading; absolutely protect account information and do not disclose card details, ATM card pictures to anyone. At the same time, the regular check of your revenues / expenditures, early detection of strange transactions and timely reporting to the bank will help you avoid the risk of losing money. Or with Bank, you will easily track the transaction history on your phone, be allowed to lock the card directly or find a reputable deposit / withdrawal machine location on the banking application when detecting that your personal account meets. problem without contacting any bank.