Skimming fraud: Want to save your money? Follow these measures to avoid card cloning

Skimming fraud: Plastic money has made money withdrawal easier for the Indian millennials. The RuPay card can be used like any other debit card for shopping, utility bill payments or for money withdrawal from ATM. However, with gaining popularity of RuPay and other bank debit cards,  cardholders are advised to follow some tips that would ensure the safety of their hard-earned money.

On how to ensure the safety of your money from any kind of debit card fraud Pavan Duggal, a New Delhi-based cybercrime expert said, "The fraudsters are using skimming devices at the PoS machines or at the ATMs to clone your card and hack your account. Later on, these fraudsters will clone your card and then fish out your money without your knowledge." 

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Duggal — who is president of the cyberlaw.net said that awareness is the only solution to stop such crimes to happen as one small mistake may lead to losses to the tune of lakhs. On how a RuPay card beneficiary can ensure the safety of his or her money while using its RuPay card Duggal said, "Beneficiary of RuPay Card or another bank debit card is required to keep the Card in safe custody. Its PIN should be changed at regular intervals and should never be shared with anyone. While using the card at ATM Machine or PoS, PIN should be entered in the machine very secretly so that nobody could even guess about the PIN Number. As far as possible, Card should be used at authorized places/centers only. Besides, the PIN number should never be written on the Card." 

Duggal said that the best way to remain insulated from PIN theft is to use the other hand covering the PoS or ATM keyboard while doing the transaction. It has been found that people ask for help from strangers while doing money withdrawal from the ATM and while doing this, they share the PIN of their RuPay Card that leads to fraudulent incidents taking against them.