Home » Business » Bank of Thailand Debunks Myth: Pressing Cancel 2 Times Does Not Protect Against ATM Fraud

Bank of Thailand Debunks Myth: Pressing Cancel 2 Times Does Not Protect Against ATM Fraud

According to published information onPress Cancel 2 times before inserting your ATM card to protect against fraudsters. The Anti-Fake News Center has checked the facts with the Bank of Thailand. It was found that such information is false information

In the case where there is a warning stating that you must press Cancel 2 times before inserting your ATM card to prevent skimmers from fraudsters. The Bank of Thailand Has checked the information and clarified that This information was published many years ago and has been re-released to mislead the public. After checking with several large commercial banks, it was found that this is not true. Pressing Cancel 2 times before inserting the card It does not have any effect on increasing the security of the working process on the ATM system.

Because a skimmer is a device used to read information from various electronic cards from the outside, there are two main processes: intercepting ATM card information and intercepting card codes. By making fake buttons and counterfeit card readers Then attach it to the real device on the ATM. The counterfeit card reader reads information from the magnetic stripe on the card. Then copy the data into memory. and when ATM cardholders use cash machines that are equipped with skimmers To make a withdrawal transaction The card information will be saved. and is immediately forwarded to the fraudster’s computer This allows criminals to use stolen information to create fake ATMs to make money withdrawal transactions. An effective way to prevent fraud is: Always pay attention to the card insert area. and the number keypad says Is there something foreign covering it? If there is something unusual, you should avoid it and notify the respective banking department.

Therefore, people are requested not to believe such information. and ask for cooperation not to send or share such information on various social media channels and for the public to receive information from the Bank of Thailand Can be tracked at the website www.bot.or.th or call 02 2835353

The summary of this story is: Pressing Cancel 2 times before inserting the card. It does not have any effect on increasing the security of the working process on the ATM system.

2024-02-25 09:30:59
#Fake #news #dont #share #Press #Cancel #times #inserting #ATM #card #prevent #fraudsters #AntiFake #News #Center

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.