How simple & systematic *digital* inspections can go a long way in preventing ATM fraud

How simple & systematic *digital* inspections can go a long way in preventing ATM fraud

This was an ATM supposedly near my home around a month back .Someone had fixed up a skimmer at the ATM – a very crowded one. It was undetected until a cautious user spotted it and alerted the police

ATM frauds are of multiple types skimming, wiretapping, eavesdropping, card-trapping, cash-trapping, false fascias, shimming, black box attacks, bladder bombs (pump skimmers), gas attacks, and deep insert skimmers etc.Similarly story of an ATM Gurugram , Noida ,supposedly in a zone frequented by many IT employees (https://www.msn.com/en-in/money/topstories/gurugram-atm-clones-cards-lakhs-vanish/ar-AAwM8hD?ocid=spartanntp) where in a fraudster cloned many cards and supposedly waited for payday of employees. After Payday the fraudster just withdrew lakhs

While ATM manufacturers and cyber security firms continue to identify and fight back against every know form of ATM fraud an extremely simple but systematic Inspection by the staff who fill in cash every day can help to prevent a major part of these frauds

Every time the cash team fills up cash in an ATM if they are trained to do a basic inspection, it will go a long way in preventing ATM Fraud

The ATM Cash executive will carry with him a digital inspection app on his smart phone

This inspection at every ATM doesn’t take more e than a couple of minutes, probably cash executives are being currently trained to do it – the difference this *digital* inspection will bring about is just two

Very Systematic, does not allow anything to be forgotten

Recording of evidence (Photographs)

The city Manager or Zonal Manager at any point gets an overall status of all the ATMS under his control

How the Skimmers Work ?

While the ATM Manufacturers work to fix this with technology , an extremely solution to this

Inspect the ATM every day /every hour as needed