Menu

All

You are here:

You are here

Home / All

Credit Card and Debit Card Theft

Cases of credit card and debit card fraud have increased significantly. Investigations show that this is mainly due to customer negligence: failing to take simple precautionary steps while conducting transactions.

ATM Card Swapping

If fraudsters get your PIN, they may try to swap your card to access your money immediately. They may use distractions to swap your card. Once they have your PIN and card, your account can become compromised.

ATM Shoulder Surfing

Shoulder Surfing involves a fraudster looking over your shoulders to observe you entering your PIN to conduct a transaction.

Tips to protect yourself from shoulder surfing

Avoid becoming a victim of shoulder surfing. Here are some tips to protect your PIN.

Card Skimming

Card skimming is when a trickster uses a card reading device to copy your account information when your swipe your debit or credit card. These devices are very small and can be easily carried around. Once fraudsters get this information, they can create a clone of your debit or credit card and use this clone to withdraw large amounts of money from your account.

E-mail Fraud

In today's technological environment, email has become the preferred method of communication. Fraudsters use modern technology to illegally access your email. Once they gain access to your email, they can steal your personal information. They can then impersonate you and issue instructions to your bank to make large withdrawals.

Identity Theft

Understanding Identity Theft

About identity theft

Identity theft occurs when someone steals your personal information and uses it to open new accounts or initiate transactions in your name. If you believe you are a victim of identity theft, report it immediately to your Branch Sales Officer or the nearest police station in your area.

Pages

Subscribe to All
Go to top