The Bank of Mauritius Warns Against Cloned Cards

10 years, 3 months ago - January 09, 2014
The Bank of Mauritius Warns Against Cloned Cards
According to information available to the Bank of Mauritius, cloned cards are in circulation on the market. This is what emerges from a statement on the website of the Central Bank. He also mentioned that fraudsters try to use these cards on ATMs.

Thus, the Bank of Mauritius asking the public to be very careful when using credit cards or debit cards to make transactions at ATMs and payments via the Internet and retail outlets.

Members of the public are also advised to quickly report any case of theft of a credit card, be sure that the ATM on which a transaction is made has not been manipulated and check counterfeiting devices on the ATM automatic.

The public is advised to keep good credit card and maps to be used on ATMs in a secure place not share her PIN to hide the keypad when the PIN is made, check bank statements regularly and ensure that the card is within the scope of his sight when given to merchants when making payments.

Card skimming is the illegal reproduction so information from the magnetic strip of a credit card or ATM card. According to the Bank of Mauritius, this involves the theft of information from the credit card in a legitimate transaction.

It appears that the fraudster can also mow authentic card through a 'wedge', which is an electronic tool or device that records all counterfeit the information contained on the magnetic strip. The Bank of Mauritius shows that the scammer tries to steal the details of an individual on his credit card to access his account. Once he skimmed the card, it can then create a fake card with details obtained and run up charges on the account that he accessed illegally. 

 

Text by Le Matinal

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