credit card / fraud

Protect yourself from growing credit card fraud

“Even if you’re careful, your credit card information will probably be stolen at some point. And we’re mostly on our own to protect ourselves” explains Shira Ovid, writing for The New York Times On Tech newsletter.

What you need to do: 

Sign up for email or phone alerts for each transaction.

Limit or eliminate the websites where you save card information. Instead use PayPal, Apple Pay, Google Pay or similar options that generate a temporary account number for each transaction.

Be paranoid: “Every link in an email or a too-good-to-be-true deal on an unfamiliar website could be trying to trick you to harvest credit card details or other personal information.”

Report the fraudulent charge: “Tell both your credit card company and the merchant where the bogus charge was made to prevent the thief from running more stolen credit cards.”

Source: Financial Planning for Women