Credit Card Frauds: You Should Be Aware Of

Samayra Credit Guide Podcast Show

If you use a credit card, chances are that you have been a victim of credit card fraud or you probably know of someone who has been a victim to card fraud. The thing with credit card scams is that while banks and customers do their best to stay alert, scammers are always coming up with new ways to scam you. In some cases, they just put a new spin on an old scam.

So, how does one stay alert in such a scenario? Well, the best way is to stay informed of the different methods scammers use to get your credit card information out of you.

Here are some common ways fraudsters and scammers make credit card frauds:

• Physical access to the credit card (lost or stolen credit card)
• Skimming your credit card (through Point of Sales (POS) devices)
• Phishing
• Malware Attack
• Stealing your email details
• Stealing your documents
• Looking over your shoulder at checkout

How can you prevent it?

• You should always use licensed software.
• Use a virtual keyboard whenever you need to type sensitive information, such as credit card details, internet banking passwords, etc. as the malware cannot read the data you type on a virtual keyboard.
• Use authentic antivirus software and remember to do periodic scans.
• Do not click on the links that come from an untrusted source.

For more information refer to: https://cardinsider.wixsite.com/cardinsider/post/credit-card-frauds-you-should-be-aware-of