Ah yes, the Internet has fooled us again. In September of 2006, an online rumor that entering one’s Personal Identification Number (PIN) in reverse at ATMs will give one the money requested but also contact the police gained prevalence.
People were so comforted by the idea that if someone was forcing them to take money out of their ATMs, they could quickly and silently call for help; that they didn’t bother to confirm whether or not it was true.
The Credit Card and Accountability Responsibility and Disclosure Act of 2009, forced the Federal Trade Commission to provide an analysis of any technology (existing or in development) which would allow an ATM user to send such a signal. In response to the command, it was stated in FTC’s 2010 report that; “respondent banks have reported that none of their ATMs currently have installed, or have ever installed, an emergency –PIN system of any sort.
The ATM manufacturer Diebond confirms that, to its knowledge, no ATMs have or have had an emergency PIN system.” So it looks like this piece of internet news falls into the same pile as “help this baby with just one like” and “send this to 5 people before midnight or your hamster will die.”