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The Qatar Central Bank has issued a warning against fraudulent activities carried out through ATMs, with scammers and gangs installing automatic cash capture devices on ATMs spread across the country. These fake devices steal the data of ATM users and seize the available amount in bank accounts.
Qatar Central Television published several articles on its official social media account
What is an Automatic Debit Capture Device?
It is a device that is illegally installed on ATM machines, point-of-sale devices, and other bank card scanning equipment.
The ATM capture device records the card data and any PIN number entered for the card.
Fraudsters install fraudulent debit capture devices
Emails and bank card data were stolen.
Protection Guide
The central bank has issued several guidelines to protect customers and bank account holders, the most important of which are:
* Ensure that there are no ATMs at ATMs and points of sale
* Use ATMs inside bank branches whenever possible as they are less susceptible to tampering.
* Move the bank card reader inside the ATM machine to check if it is loose or out of place.
* Look for small, unfamiliar attachments around the ATM or payment machine card slot.
* When entering your password, cover the keyboard with your other hand to prevent hidden cameras from recording your password entry action.
* Watch out for suspicious people around ATM machines.
To report cybercrime, you can contact the Economic and Electronic Crime Unit of the Ministry of Interior
66815757: hotline
Metrash 2 Application
Email: cccc@moi.gov.qa
Financial Crimes Unit
On the other hand, the Qatar Central Bank revealed on its website that the Anti-Financial Crime Unit is responsible for monitoring and reducing the financial crime risks faced by financial institutions regulated by the Qatar Central Bank.
The supervisory activities carried out by the department mainly consist of office and on-site inspections to ensure that banking licensed sectors and financial institutions comply with their obligations under the Anti-Money Laundering and Terrorist Financing Law and Qatar Central Bank laws and directives, in line with global standards issued by the Financial Action Task Force and international organizations.
The Department also continues to develop a risk-based supervisory strategy, which includes programs to monitor risks associated with money laundering, terrorist financing, weapons proliferation financing, and other financial crimes.
The work plan ensures the adequacy of the administrative burden, including the cycle, scale and scope of supervisory work arising from risk assessment work of licensed financial institutions.
The payment and settlement system is considered an essential component of the financial market infrastructure. This is due to the key role it plays in the easy and convenient transfer of funds between members of the financial system, including financial and banking institutions, and the interoperability of these systems has become a pressing need in accordance with the highest levels of security and reliability for economic growth and the stability of the financial system. Based on Qatar Central Bank’s belief in the importance of payment and settlement systems, the bank has established a dedicated department (Payment Systems Department) within the Financial Instruments and Payment Systems Department to manage and operate payment systems. The department consists of a group of departments, which are:
– High Value Payment Systems Sector (Wholesale Payments)
– Retail Payment Systems Division (Clearing Systems)
– Department of Guidance and Analytical Studies
– Payment System Technical Support Department
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