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01-Aug-2020 13:04

Second, pay attention to online security news; if a retailer or a bank that might have your credit card information gets hacked, call your bank, tell them what happened, and ask for a new card.You could wait to see if you get any suspicious charges on your account before alerting your bank, but it’s up to you whether or not you want to take that chance before starting the process.And, as I mentioned, these card numbers can be sold online. By staying hidden, using servers based in other countries, and making it difficult for law enforcement to look for patterns in stolen cards, these sites stay untouchable.Rescator is one of many sites that sell this information—most of these sites are on the dark web, where all sorts of identifying information can be bought It's uncomfortable to think of yourself as a commodity, but all of your personal details, from name and address to bank account details, are worth something to online criminals. As you can see from the list above, there are a lot of different ways that fraudsters can obtain and use your credit card information—it might seem like it’s impossible to protect yourself.Fourth, be on the lookout for any card-scanning device that looks like it’s been tampered with.

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If you need to share your information over the phone, be sure that no one is around to overhear you.If you’re part of my generation, you might have had to convince your parents or grandparents at some point that using their credit card online is safe. Why don’t verification systems prevent these problems? Let’s take a look at credit card fraud and find out how you can protect yourself.