What Really Happens If You Press Cancel Twice After an ATM Transaction
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ATMs have made banking more convenient by reducing the need to visit a branch. But with growing dependence on ATMs, fraudsters are increasingly targeting them to steal money. Reports of stolen ATM PINs, card skimming, and unauthorised withdrawals surface almost daily. To protect yourself, it is crucial to separate fact from fiction and adopt real security measures.
However, the Press Information Bureau (PIB) Fact Check has debunked this claim. According to PIB, the Reserve Bank of India (RBI) has issued no such advice. The “Cancel” button on an ATM machine simply cancels an ongoing transaction—it does not prevent hacking, card skimming, or any other form of ATM fraud.
Card Skimming: A hidden device is installed on the ATM’s card slot to copy card details.
Keypad Tampering: Fake keypads record PIN entries.
Phishing: Fraudsters trick people into sharing PINs and OTPs via fake calls or messages.
Shoulder Surfing: Criminals watch or record you entering your PIN.
Genuine Precautions to Prevent ATM Fraud
Instead of relying on viral rumours, here are real steps you can take to protect your ATM card and PIN:
Never sharing your PIN with anyone, including bank staff.
Shielding the keypad while entering PINs.
Regularly updating contact details with your bank.
Using bank-recommended apps or websites for blocking or managing cards.
Nowhere does the RBI mention pressing the cancel button twice as a safety measure.
ATM fraud is real and increasing, but it cannot be prevented by shortcuts or viral hacks. Pressing the “Cancel” button twice will not protect your PIN. Instead, awareness, vigilance, and adopting genuine safety practices are the real shields against ATM fraud. By following simple yet effective steps like inspecting ATMs, changing PINs regularly, and acting fast if your card is lost, you can stay one step ahead of fraudsters.
The Viral Claim About Pressing the Cancel Button Twice
Recently, a message went viral on social media claiming that pressing the “Cancel” button twice after an ATM withdrawal can protect your PIN from being stolen. Many users believed this to be an RBI-approved safety measure.However, the Press Information Bureau (PIB) Fact Check has debunked this claim. According to PIB, the Reserve Bank of India (RBI) has issued no such advice. The “Cancel” button on an ATM machine simply cancels an ongoing transaction—it does not prevent hacking, card skimming, or any other form of ATM fraud.
Why Such Rumours Are Dangerous
Misinformation like this creates a false sense of security. Believing that pressing a button can protect your money may lead people to ignore the real precautions needed. Fraudsters often rely on such myths to keep victims unprepared. The truth is that ATM fraud prevention requires awareness and proactive safety steps—not shortcuts or unverified tricks.Common Types of ATM Fraud
Fraudsters use multiple techniques to steal card details and PINs. Here are some common methods:Card Skimming: A hidden device is installed on the ATM’s card slot to copy card details.
Keypad Tampering: Fake keypads record PIN entries.
Phishing: Fraudsters trick people into sharing PINs and OTPs via fake calls or messages.
Shoulder Surfing: Criminals watch or record you entering your PIN.
Genuine Precautions to Prevent ATM Fraud
Instead of relying on viral rumours, here are real steps you can take to protect your ATM card and PIN:
1. Inspect the ATM Machine
Before using an ATM, check the card slot, keypad, and surroundings. If you notice loose parts, glue marks, or unusual devices, do not use that machine. Report it immediately to the bank.2. Protect Your PIN While Entering
Always cover the keypad with your hand while entering the PIN. This prevents hidden cameras or onlookers from capturing your PIN.3. Monitor Transaction Alerts
Activate SMS and email alerts for ATM transactions. This way, you’ll be instantly notified of unauthorised activity and can take immediate action.4. Change Your PIN Regularly
Change your ATM PIN every 3–6 months. Avoid using obvious combinations like birthdays, 1234, or repeated digits. A strong, random PIN is harder to guess.5. Report Lost or Stolen Cards Immediately
If your card is lost or stolen, block it immediately through mobile banking, net banking, or by calling customer care. Prompt action reduces misuse.6. Avoid Help from Strangers
If your card gets stuck or the machine malfunctions, do not accept help from strangers. Call your bank’s helpline or use the emergency number displayed on the ATM. Many frauds occur when scammers pretend to “help.”7. Use ATMs in Secure Locations
Prefer ATMs located inside bank premises or in well-lit areas with security cameras. Standalone or isolated ATMs are more vulnerable to tampering.8. Check Your Bank Statements Regularly
Even with alerts enabled, it’s wise to review your account statement regularly. Early detection of fraud increases your chances of recovering the money.What RBI Actually Advises
The RBI has issued official guidelines for safe ATM usage. These include:Never sharing your PIN with anyone, including bank staff.
Shielding the keypad while entering PINs.
Regularly updating contact details with your bank.
Using bank-recommended apps or websites for blocking or managing cards.
Nowhere does the RBI mention pressing the cancel button twice as a safety measure.
ATM fraud is real and increasing, but it cannot be prevented by shortcuts or viral hacks. Pressing the “Cancel” button twice will not protect your PIN. Instead, awareness, vigilance, and adopting genuine safety practices are the real shields against ATM fraud. By following simple yet effective steps like inspecting ATMs, changing PINs regularly, and acting fast if your card is lost, you can stay one step ahead of fraudsters.
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