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Germans Warned: ATM Scams Cost €763 Per Citizen Annually

ATM fraud is costing Germans dearly. Stay safe with these simple steps.

In the image there is an atm machine in front of the wall beside a pole.
In the image there is an atm machine in front of the wall beside a pole.

Germans Warned: ATM Scams Cost €763 Per Citizen Annually

ATM users in Germany are warned to be vigilant against skimming and cash trapping scams. These fraudulent activities cost each citizen approximately €763 annually. While modern ATMs have security measures, personal vigilance remains crucial.

Skimming involves thieves stealing card data and PINs using manipulated card readers or hidden cameras. To protect against this, customers should cover the keypad when entering their PIN and inspect ATMs for unusual attachments. Police advise checking for manipulations on the card slot, loose keypad fields, and preferring ATMs inside bank branches. Staying alert to suspicious persons nearby can also help detect fraud.

Cash trapping, another common challenge, occurs when scammers remove the cover of an ATM to steal money. To prevent this, customers should check the ATM before using it, stay on site if money isn't dispensed, and avoid distractions. Careless handling of personal data or a careless word on the phone can also lead to scams.

With each German citizen losing around €763 to online criminals each year, it's essential to remain vigilant at ATMs. By following simple security measures, customers can help protect themselves from skimming and cash trapping scams.

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