ATM Thefts

Banks have an obligation to refund the money lost by ATM fraud victims. Furthermore, open communication should be a requirement.

February 3, 2010

A FEW suggestions about how to exercise caution can be given to users of automated teller machine (ATM) cards. For example, keep your personal identity number, or PIN secret, check the machine carefully and make sure there is nothing suspicious before making a transaction. But after cases of ATM fraud came to light two weeks ago, it was obvious that banks had yet to take the necessary action, if they ever will.

Several of these actions are not o

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