Standard Chartered Bank warns against ATM Fraud

Last week we shared some lessons learnt from fraud cases on "how to protect your savings from fraudsters”. We would like appeal to our customers and the public to use these lessons to protect their savings. Rutang Moses, Head of Compliance and Assurance at Standard Chartered Bank said: "we take the security of our customers' funds very seriously. We have controls and measures in place to ensure that our customers' funds are safe, and we are confident that these controls work”. This week, we look closer at the various ATM frauds that can be perpetrated. One of the most likely frauds is when you try to utilise an ATM but you find you are having difficulty with your card. Someone will come to your aid and likely wipe the card on their side, put it in the machine and offer to 'try the number for you'. Posted in: Debit Card Fraud