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Know the risks of using atm and online banking

 

Know the Risks of Using ATM and Online Banking

 

As convenient and user-friendly as the ATM (automated teller machine) and online banking services are, they have their own share of security risks. This blog entails the security risks of using ATMs and online banking, and discusses some valuable safety measures users can take.
Risks Involved with ATMs
The greatest security risk of using an ATM is falling prey to “card skimming”. It is an illegal activity carried out by criminals to obtain the data embedded in the magnetic strip of credit or debit cards that are used in ATMs. You can read more on card skimming, and get some important security tips here.
Risks Involved with Online Banking


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