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Friday, 30 September 2016

ASSUMED ATM SECURITY FEATURE: THIS IS NOT TRUE

ASSUMED ATM SECURITY FEATURE: THIS IS NOT TRUE
Have you ever read the message below in your mail or Whats App?
“WHEN A THIEF FORCES YOU TO TAKE MONEY FROM THE ATM, DO NOT ARGUE OR RESIST, YOU MIGHT NOT KNOW WHAT HE OR SHE MIGHT DO TO YOU. WHAT YOU SHOULD DO IS TO PUNCH YOUR PIN IN THE REVERSE, I..E IF YOUR PIN IS 1254, YOU PUNCH 4521.
THE MOMENT YOU PUNCH IN THE REVERSE, THE MONEY WILL COME OUT BUT WILL BE STUCK INTO THE MACHINE HALF WAY OUT AND IT WILL ALERT THE POLICE WITHOUT THE NOTICE OF THE THIEF. EVERY ATM HAS IT; IT IS SPECIALLY MADE TO SIGNIFY DANGER AND HELP. NOT EVERYONE IS AWARE OF THIS.
FORWARD THIS TO ALL YOUR FRIENDS AND THOSE YOU CARE”


This message started making rounds by E-mail in December 2008 and is still running in Whats App. I am calling the attention of my readers to this false claim.  DO NOT BUY IT
Entering your PIN in reverse at any ATM will not summon the police;
the idea is nothing more than an old and unimplemented suggestion.

The reverse PIN system was first imagined in 1994 and patented in 1998 by Joseph Zingher, a Chicago businessman. His Safety PIN System would alert police that a crime was in progress when a cardholder at an ATM keyed in the reverse of his personal identification numbers. The flip-flopped PIN would serve as a "panic code" that sent a silent alarm to police to notify them that an ATM customer was acting under duress. Because palindromic PINs (e.g., 2002, 7337, 4884) cannot be reversed, Zingher's system included work-around for such numeric combinations.
 This idea was never adopted by the banking industry, though a sound technology. The banks argue against its implementation, not only on the basis of cost but also because they doubt such an alert would help anyone being coerced into making an ATM withdrawal.
Even if police could be summoned via the keying of a special "alert" or "panic" code, they say, law enforcement would likely arrive long after victim and captor had departed.
 They also warned of the very real possibility that victims' fumbling around while trying to trigger silent alarms could cause their captors to realize something was up and take those realizations out on their captives.
There is the problem of ATM customers' quickly conjuring up their accustomed PINs in reverse: Even in situations lacking added stress, mentally reconstructing one's PIN backwards is a difficult task for many people. Add to that difficulty the terror of being in the possession of a violent and armed person. . As Chuck Stones of the Kansas Bankers Association said in 2004: "I'm not sure anyone here could remember their PIN numbers backward with a gun to their head."

Follow the security tips on ATM already published, The reverse PIN has not yet been implemented.

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