Card Frauds

Debit Cards are perfect plastic. Debit card fraud can be sophisticated or old types. Thieves use techniques including:

Hacking: When you bank or shop on public Wi-Fi networks, hackers can use keylogging software to capture everything 
you type, including your name, debit card account number and PIN.

Phishing: Emails can look like they’re from legitimate sources but actually be from scammers. If you click on an 
embedded link and enter your personal information, that data can go straight to criminals.

Skimming: Identity thieves can retrieve account data from your card’s magnetic strip using a device called a skimmer, 
which they can stash in ATMs and store card readers. They can then use that data to produce counterfeit cards. 
EMV chip cards, which are replacing magnetic strip cards, can reduce this risk.

Spying: Plain old spying is still going strong. Criminals can plant cameras near ATMs or simply look over your shoulder 
as you take out your card and enter your PIN. They can also pretend to be good Samaritans, offering to help you remove 
a stuck card from an ATM slot.

Fraudsters either steal your physical card by pick-pocketing, distraction thefts or Clone your card by Skimming.
Social media has all details full names, birthdays, addressess, parent's name and even pets name. Fraudsters befriend you 
and get answer of bank's security question. So keep your privacy settings checked. Using stolen, discarded, fake documents 
open an account in someone's name. Then request changes to the account or ask for a new card to be issued.
Card stolen in transit between card issuer and card holder.
Getting card details from contact less cards.