The ATM: Convenience for Consumers….and Fraudsters?
ATMs enable us to get our cash on demand, for those of us who still use cash, and have come a long way since the first machines in the 1960s which dispersed a set amount of funds and sent back the bank card at a later date.
Convenient to consumers, yes – but to fraudsters, ATMs are seen as a way to get their hands on currency that isn’t theirs and unlike an online transaction can be harder to trace. As a cash-out point for many scams, fraudulent crimes and cyber-attacks the ATM has seen its fair share of unfriendly withdrawals.

