New Delhi, June 22 -- Automated teller machines (ATMs) are modern tools for conducting transactions seamlessly. They have made banking easier, paperless and instant. ATMs allow people to withdraw cash and view full account details, including recent transactions, at any time.

However, the comfort and convenience of ATMs have enabled fraudsters to con innocent card users and steal their hard-earned cash. They do this by utilising various tricks to steal funds and critical banking information, such as OTPs and PINs.

This makes it essential for every individual with a bank account to understand ATM fraud and how to protect themselves from financial losses.

Awareness and reading about new financial scams are the only ways to keep yourself p...