Digital Banking Crimes: Protect Your Data, Protect Your Funds

Friends, we can all agree that evil is everywhere and anyone can be targeted indiscriminately. The important thing is that crime should not occur because of opportunity, not because of the perpetrator's intention. Maybe some of us are used to being wary of crimes that can happen on the street or at home, such as robbery, theft, or even robbery. can be done through channels such as debit/credit cards.

Various forms of digital crime can occur in society. But there are at least three of the most common digital crimes you should know about. Let's read carefully while drinking coffee~

1.             Skim

Card skimming is the act of stealing ATM/debit card data by illegally copying (reading or storing) the information contained on the magnetic stripe. What Is Magnetic Stripe If you have an ATM/debit card, there's always a black stripe on the back of your card, right? The wide black line is used to store all important information from the ATM card such as: B. Card number, expiration date, and customer name. Well, the way to copy the information on the magnetic strip is done by using a card reader (card skimmer) placed in the card slot on an ATM/debit machine or even an Electronic Data Capture (EDC) machine when you shop using a debit or credit card. In addition to these actions, the perpetrator will also try to get your ATM/debit card PIN by peeking at the button you press when transacting at the ATM machine/EDC device or it could be by placing a small camera installed in a hidden corner of the ATM machine. Well, if the perpetrator has obtained a copy of your information from the magnetic strip and your ATM/debit card PIN, then the perpetrator will create a fake card using the data that has been obtained and transact using the PIN that has also been obtained. Ihiiii… isn't it really dangerous, pal? So… limit your personal activities on social media such as uploading birthday wishes or congratulating someone's birth and even other important moments because criminals can track your possible ATM/debit card PIN codes based on these special dates. Remember friends... you can use social media... but use it wisely

2.             Phishing

Unlike card skimming, where an ATM/debit card is used as a conduit to commit crimes, phishing attackers actually use internet banking channels to obtain data from credit cards. may be a website or other electronic communication. Since messages look genuine and threats usually persist, users are tempted to share sensitive personal information such as user ID, password/PIN, credit card number, credit card expiration date, card verification value (CVV), etc. By sending , you often fall into the trap. This CVV code usually consists of three individual numbers on the back of your ATM/debit or credit card. Now that you know the significance of the 3-digit number on the back of your card, be careful not to give it to someone with bad intentions.

3.             Carding

As people love to shop online these days, e-commerce channels have also been invaded by digital crime. One form of crime is carding. Carding is any online shopping activity that uses illegally obtained debit or credit card details. Carding is relatively easy to do compared to other crimes because it does not require a physical card and only debit/credit card data. Criminals usually find and obtain debit or credit card data from fraudulent marketing, fraudulent merchants, sensitive data records by individuals at merchants, or lost cards. Once you have all the information such as card number, expiration date, validity period, CCV, card limit, etc., the perpetrator uses the details to make online shopping transactions and financial claims are borne by the victim. Ouch... I really don't want this to happen.

If you are a little worried about the security of your current financial transactions, don't worry. Because there are steps you can take to protect your money from digital criminals. You can follow some of the tips below, my friend.

• Never share personal information such as PIN, CVV, card number, validity period and so on to anyone via the website, SMS, internet or other channels as long as you don't use that information to make any transactions, especially to untrustworthy persons/parties. Also make sure, buddy, you always update your PIN regularly and make sure your PIN is not an easy-to-guess number such as your date of birth or front/back phone number. epon. Remember, pal, keep your PIN, CVV, card number, and the validity period of your ATM/Debit card or credit card confidential, because the fate of your financial security lies in how carefully you protect the data.

• Be careful when making transactions at ATM machines, EDC machines, or e-commerce. Make sure no one sees you pressing the button when entering your PIN code on an ATM machine or EDC machine, make sure your debit/credit card is not swiped/dip on a device other than EDC when shopping or swiped/dip more than 2 (two) times in one time except due to failed transactions, and make sure you don't download links from untrusted parties when shopping online because they have the potential to carry malware.

• Increase card security with 3D Secure using a one-time password (OTP) code that is sent via SMS whenever the cardholder authorizes a financial transaction. Always consult your issuing bank regarding this security feature. In addition, chip technology can be used to replace the magnetic stripes currently used on ATM/debit or credit cards. This is Bank Indonesia's policy to improve ATM/debit card or credit card security.

• Review and report suspicious transactions. If you receive an SMS or email from a suspicious party, or a transaction you didn't make, or any other suspicious transaction, don't panic, open the sent link or reply with your card information and process it immediately. . First, contact the issuing bank's call center. If you are sure that you have not made a financial transaction but receive an SMS or email notification that the transaction was made without your knowledge, immediately report it to your bank's call center and solve the problem. . For you. If a suspicious transaction comes from your card, immediately negotiate with your bank to block your ATM/debit or credit card.

Ladies and gentlemen, there is no need to be afraid to make digital transactions and become part of a cashless society as long as you stay alert and careful when using your ATM/debit card or credit card, the only difference being that someone's channel is used when committing a crime.