Although many people install security systems in their homes or lock their doors at night, theft can still occur outside the home in some of the most public settings. Unfortunately, many people become victims of ATM crime, which can result in a significant amount of loss when money is stolen directly from your bank account. If you want to learn how to protect yourself from ATM crime, there are a few important tips to follow.
Check for Hidden Cameras
Many banks and financial institutions have cameras installed for security purposes, but in many cases, criminals install their own camera as a way to obtain your PIN number when you visit the ATM to make a transaction. Check to see if there are any tiny camera holes present. These cameras are often aimed at the keypad while most banks have cameras facing the individual instead. Before entering in your PIN number, you can also inspect the keypad for any materials that may be placed over the keys. For extra precaution, be sure to cover the keypad when entering your PIN number.
Review Your Statements
Many people make the mistake of throwing away their bank statements without carefully reviewing the information. Read each transaction to determine if there’s any suspicious activity. Better yet? Take advantage of online banking so that you can stay updated on your financial details and transactions on a daily basis to ensure that you can immediately report ATM theft. You can even sign up for account alerts to signal when a significant amount of money is withdrawn from your account.
Keep a Small Amount of Cash in Your Account
You won’t have to worry about losing thousands of dollars if you make it a point to keep as little money as possible in your checking account. You also want to avoid writing too many checks because they include your routing and account numbers, which can be used by criminals to hack into your bank account. Consider keeping all of your money in a savings account that can’t be accessed by an ATM to ensure that your funds are protected.
Check out our website to learn more about how to protect yourself from ATM crime. You can have peace of mind knowing that you can protect your bank account by following the right steps.