Page 35 - Banking Finance December 2018

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tota transactions are e pose near 2. crore credit cards e as one . o eti es tin pinho e ca eras a e
iss ed an s had a o e orth Rs 2 crore ia p aced on the achine or e en the roof at strate ic positions
points of sa e and Rs 2 2 crore thro h Ms. Ban s to capt re card and card .
are definite re isitin their net or sec rit to pre ent an
co pro ise. RB is a so tr in to sta one step ahead Bu s ot
introd cin se era sec rit feat res inc din chip ased
ard s i er are de ices insta ed on the card reader s ot
cards and t o factor a thentication etc. the a o e the
to either cop the infor ation fro the a netic strip of
c sto ers need to ta e the initiati e to pre ent ein
the card or stea the card itse f. f the s ot fee s s i ht
conned. e can ta e ario s preca tionar steps to steer
or isa i ned the pro a i it is that an additiona card
s ch ishaps.
reader s ot has een p aced on top of the act a one. his
passes on the card infor ation to third part er easi .
reas here e are s a pe
oos s ot
fra sters
his is a so card s i er. f the s ot is oose it indicates the
. to ate e er Ma hines Ms
presence of a d p icate s ot. his is no n as e anese
M fra d in o es theft of identit or infor ation of the
oop . his is a s a p astic de ice ith a ar that ho ds
c sto er on the card. his sto en infor ation is sed the
the card ac in the achine. e a thin the achine
fra dster to a e M ithdra a s or on ine and off ine
has s a o ed the card or it has een st c . B t d rin the
transactions. he M achines ha e eco e a fa ored
process the card infor ation is ein di ed.
tar et of fra dsters
p
his is p aced on top of the act a
e pad. ch e pad fee s itt e spon
and oose. n this t pe of e oard
sho d not e entered.

ou r sur rs
hese are peop e r in in the M
roo or o tside. he a a s tr to
assist peop e and thro h this the
read and re e er the .
o eti es the peer o er the
sho der to read the .

B. n ine transa tions
he con enience of e shoppin on ine
i pa ent and di ita transactions
so eti es creates the path for the
fra dsters to stea infor ation and
identit of the sers. his a e
i e i e di e e ca i e e e a d e am e ed e A a d thro h co p ter or s art phone.
e a e d a d his can then e sed for na thori ed
transactions. here are ario s a s this card infor ation
s ront
co d ha e een sto en.
t is itt e diffic t to detect as the fa e front co p ete
co ers the ori ina achine. or a it is insta ed on top rmin ra dsters rero te s to a fa e e site that
of the achine. his a o s fra dsters to ta e o r as oo s si i ar to the ori ina . ediate hen e

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