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Protection against damage, let’s take a look at 4 scams to see what methods they use to steal our credit card information. And there is a way to prevent these incidents. Let’s take a look.
An ATM skimmer is built by combining a magnetic stripe reader, a decoder, and a memory unit. When we swipe the card at the machine, the skimmer will read the information from the magnetic stripe and store it in a memory unit. A low-memory ATM skimmer can store 50 credit card details, while a high-memory ATM skimmer can store tens of thousands of credit card details.
The Handheld Skimmer is a handheld stripe card reader, which the scammer usually holds in the palm of their hand and swipes the victim’s card while viewing the secure code from the back of the card without the victim noticing. which could happen anywhere Whether it’s shops, restaurants, or gas stations, Or the scammer may impersonate a bank employee standing in front of an ATM asking to see the victim’s card or may offer assistance to the victim if the card is attached to the ATM. and then copy the data through the hand-held skimmer when the victim is unguarded.
However, if something happens or we are a victim, immediately freeze the card and report it to the police as soon as possible to record that it is lost. If there is a transaction after that, then there will be evidence that the transaction was not by us.
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