Perils of using ATMs

In the time of rising data hacks in major companies, attacks on individuals are also on the rise. According to FICO, compared to first quarter of last year, credit card breaches have risen by 174% on ATMs located on bank properties and 317% on non-bank ATMs. 'Wall Street Journal' predicts that criminals will make more than 1.5 million successful cash withdrawals this year and thus making money withdrawal from ATMs more dangerous than ever. As a result major American corporations, banking institutions and payment connect companies like Visa and MasterCard have all considerably stepped up their efforts to innovate and strengthen their security in order to prevent further hacks and breaches. Read more at: http://www.entrepreneur.com/article/246466