April 30, 2010
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News: Protecting Yourself Against Fraud
Do you know what the fastest growing crime is? Credit card and identity fraud. At one time, in order for a thief to fraudulently use your card account, it required they have physical possession of it. Today, all that is required is possession of the credit card number, expiration date, security code, and your zip code. Thieves can also steal credit card information by intercepting personal information from your mail and open up new accounts. Your chances of becoming a victim of fraud can be greatly reduced by taking a few protective measures.
Most gas pumps require you enter the credit card's billing address zip code or the debit cards PIN number when making a purchase. Thieves are stealing card numbers by placing small skimming devices on the magnetic strip swipe devices. To access the zip code and PIN numbers, they place cameras nearby that capture the customer entering zip codes and PIN number. When making a debit or credit card purchase, guard your zip codes and PIN numbers by blocking out any view with your hand. If you notice any suspicious looking device attached to the swiping device, contact the authorities. When shopping online, take extra care in making sure the site is secure. Check to make sure the padlock is present at the right bottom corner of the window.
When using your debit or credit card to pay for store purchases, be aware of the activities of the store clerk. If they have to swipe the card, keep an eye on your card. Like making gas purchases and ATM withdrawals, exercise the same caution by blocking out anyone's view when entering your zip code or PIN number. Return your card to your purse or wallet immediately following the transaction. Take special care with your debit card PIN number. Don't write PIN numbers down where they can be connected to the debit card. Don't keep PIN numbers in your wallet. It is best to memorize PIN numbers just as you would your zip code.