Using Your Debit Card to Take Cash Out of an ATM? You Better Read This…

From WSJ:

“Criminals are stealing card data from U.S. automated teller machines at the highest rate in two decades, preying on ATMs while merchants crack down on fraud at the checkout counter.”

Why does this matter?

If fraudulent transactions are made on your credit-card account, there is no immediate financial hit while you straighten things out, notes Greg McBride, chief financial analyst at website Bankrate.com. By contrast, if a thief is able to withdraw dollars from your bank account, “the horse is out of the barn,” he says. The money is gone from your account until you are able to get it restored.

You might ask students to do a WebQuest to find 5 ways that they can protect themselves from increasing fraud at the ATM.