What do the experts say?
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Stealing ATM card data is all too easy, say experts
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Yet the damned bloody stupid bank seems at a loss when it happened.
If, according to the experts, Stealing ATM card data is easy, wouldn’t you expect precisely such fraud to happen? Yet the Damned Bloody Stupid bank was ignorant of anything amiss and needed their customers to inform them that something is wrong.
Do they not have fraud detection software, that would, for example, detect unusual withdrawal patterns like Singapore accounts withdrawals from ATMs in Malaysia which in this case would have surely been unusual?
Today is Sunday 8th Jan 2012, it happened on Wednesday 4th Jan 2012
Yet it seems from reports, all they can do is guess at what happened. Do they not have a procedure to follow in such cases when “Stealing ATM card data is easy: Experts“?
Could they not retrieve the video files of these ATM machines and confirm that indeed the fraudsters attached the skimming devices? Can they not publish the pictures of the fraudsters? Do they not have procedures in place for that?
Finally, do all these simple questions show a cover up?
Could it be it is not skimming but an inside job in the stealing of the card details?
Sure, where pin numbers are concerned, the fraudsters could have attached a camera noting down the pin numbers in the affected ATMs and matched them with the stolen card details.
Think about it. If you see a camera at the ATMs, would it alert you? Would you not think it is a security camera? A bank employee would think that the building management put the camera there. Building security would think the bank put it there.
Lastly, a word about the S.tupid S.ingaporeans withdrawing money from the Damned Bloody Stupid bank’s ATMs. Frequently, you can see long queues at their ATM machines and no queue at the machine next to it, which belongs to another Singapore bank.
How difficult is it really, to open an account with another Singapore bank even if you do not close your account with the D.amned B.loody S.tupid bank?
How can Damned Bloody Stupid Singaporeans let the Damned Bloody Stupid bank get away with not joining the consortium to allow cross usages of the ATMs and cause such inconvenience to their customers?








