Which of the following is NOT a common ATM fraud scheme?

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Prepare for the Coach CFE Exam. Study using flashcards and multiple-choice questions, each with hints and explanations. Get ready for your assessment!

Multiple Choice

Which of the following is NOT a common ATM fraud scheme?

Explanation:
ATM fraud revolves around exploiting card data or the ATM itself. Insider manipulation can occur when staff abuse access to processes or cash handling. Gaining unauthorized access to PINs and account codes allows thieves to withdraw or transfer funds. Counterfeit ATM cards involve cloning card data to create fake cards that work at ATMs. In contrast, credit data blocking isn’t a tactic used in ATM fraud; it relates to restricting credit information and doesn’t target ATM systems or card data. So the option describing credit data blocking is not a common ATM fraud scheme.

ATM fraud revolves around exploiting card data or the ATM itself. Insider manipulation can occur when staff abuse access to processes or cash handling. Gaining unauthorized access to PINs and account codes allows thieves to withdraw or transfer funds. Counterfeit ATM cards involve cloning card data to create fake cards that work at ATMs. In contrast, credit data blocking isn’t a tactic used in ATM fraud; it relates to restricting credit information and doesn’t target ATM systems or card data. So the option describing credit data blocking is not a common ATM fraud scheme.

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