An ATM skimmer is a device used to capture the information on the magnetic strip of an ATM or Debit Card.
At least weekly, fraud alerts are received by Renasant Bank concerning a skimming device being placed on another financial institution’s ATMs. Before the skimming device was discovered, the fraudsters were able to gather ATM/Debit Card numbers and PINs and use the information to remove funds from clients’ accounts.
Thankfully, Renasant Bank ATM machines have never been the target of a skimming fraud, but clients should be aware of the existence of skimming devices and know how to spot and report a device if found.
Before using any ATM, clients should:
· Look for small cameras and recording devices around the ATM.
· Check the card reader and keypad for signs of glue.
· Check for a new card reader unit installed on the ATM. Often an illicit card reader is placed over the genuine card reader.
If any devices are found or suspected, contact the bank or person who owns the ATM.
In addition, clients should review their bank statements each month to make sure that all ATM and Debit Card transactions were legitimate.
The ATM shown below illustrates different types of skimming devices that might be found.