Protecting Yourself Against ATM Fraud


It’s 1:24am. You’re drunk, staggering down the street, and need some cash to keep the buzz going.

How's it taste mother******!

Rummaging through your pocket, you find your ID, your bank card, and $12.75 in loonies and quarters (because bartenders hope you’ll leave the coins as a tip in disgust).

You know that the nearest location for your bank is too far to walk and you’re across the street is a club you know could keep your buzz going all night long. But there’s a $20 cover.

Your solution is the shady looking ATM next door. Harmless right? Nuh uh. That was your first mistake.

I’ve made this exact mistake about 15 times in the past year, each time resulting in CIBC freezing my account for suspicion of ATM fraud. The security in-place is fine, but it’s such a hassle to have to get a new card. My biggest peeve is having to re-remember my bank card # for when I do online banking. And I hate remembering numbers.

I’ve had hundreds of dollars taken out of my account on two separate occasions. It happens to millions worldwide, and chances are if you’re reading this blog, it’s happened to you at one point.

For example, to the left is a really ghetto looking ATM.

Ok, maybe harmless isn’t the word for this ATM that the local community left a paint induced hell dump on. I mean if you’re going to attach a money stealing device onto an ATM, at least choose one that doesn’t look like a Chinese delivery truck.

But amateur tagging aside, this plain looking ATM has a skimmer attached to the card insertion slot, has a pin hole camera facing downwards to watch you type in your secret code, and will automatically send an SMS to the fraudster that you just gave up your piggy bank up to him/her. Jackpot for the crackpot.

If you’d like to read more about how ATM skimmers work and the technicalities behind it, read this up-to-date write up on Would You Have Spotted the Fraud. And while the evil technology continues to put our existing security systems at risk, the information on this article is dated from late December of last year. So this’ll keep you in the know for now.

Now, I’m not here to alarm you, nor am I here to add another item to your list of things to keep you hiding under your bed. But it’s important everyone knows that when it comes to ATMs, there’s more than meets the eye. And knowing is half the battle.

But Wait! Did I just use the Transformers and the GI Joe PSA slogan, together? Oh yes I did! You know what that means: It’s time to bust out a GI Joe Public Service Announcement!

I’m pretty sure most of you don’t really need these tips. They’re a tad straight forward. But from one victim to another, we could all share a few tips here and there. Just remember: by claiming you are an expert at something, forfeits your ability to learn.

Reggie’s Tips to Avoid Getting Your Salad Tossed by a Fraudster

Don't let the mask fool you. It's just Andy Dick. It's always Andy Dick.
1. Get a card with a chip in it. It helps.

2. Cover your PIN entry from all angles. Skimmers have pin hole cameras looking downwards from the card slot.

3. Change your PIN regularly. I suggest monthly.

4. Stick to using your bank’s ABMs, indoors if possible.

5. It’s always smart to carry a $20 bill as back up just in case. This prevents you from having to bite the bullet and using your debit card on a shady ATM or gas station. And don’t spend it on stupid things like a bag of chips.

6. If you can, stay away from using your debit card anywhere. I’ve had friends who’ve had their card duped from convenience stores to Shoppers Drug Marts. Just cause it’s a corporate franchise doesn’t mean it can’t happen there.

About the author

Reggie Tan

Lifestyle blogger. Growth hacker in fintech & blockchain. Futurist. I write for myself.

Add comment

By Reggie Tan

RAMONE is a composition of non-fiction short stories and introspections by Reggie Tan.

reggie tan

Howdy. I first started blogging on in 2009, with a dedicated focus on men's lifestyle and stories of inebriation. Shortly after, I was listed as a top Canadian blogger, and over the next decade, I've collaborated with hundreds of notable brands.

Then I grew up. As of late, I've graduated to writing about life experiences, well-researched opinions, and hopefully a few things you might find useful.

This is my memory vault.

reggie tan

About me-Power user of technology. Style guy. Avid gamer. Obsessed with the Cybertruck. Lyrical poet. I like my beats bottom heavy. Madaline is ∞. Only God can judge me. INTP. Birthed in the East Coast of Canada by a pair of cool Filipino parents. Cautiously ADHD. I prefer my whisky neat with a tumbler of room-temp water. Otherwise, a pint of your best draught will do.

I'm a member of the anti-social club. Happily retired from Facebook or Instagram. My verified Twitter account was recently hacked. I do use LinkedIn for business.

For Marketing Consultation:
For Portfolio:
For HuffPost:
For Legal Tech:

Get in Touch

Your Name (required)

Your Email (required)

Your Message

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Copyright © 2020 by RAMONE.CA. All Rights Reserved.