What are the most popular credit card scams?
There are a number of ways to fraudulently obtain a person’s credit card details: • by acquiring discarded receipts; • by intercepting new or replacement cards sent through the mail; • by following unsecured online transactions; • from retailers who retain credit card information from consumers to use unlawfully; and • through skimming. Once a person has illegally obtained your credit card details they can: • make purchases where a signature isn’t required, such as over the telephone or internet; • use equipment to create a duplicate card; or • access your card account. The popularity of internet shopping has seen an increase in online fraud, seeing spyware designed to steal personal information entered into an unsecured internet site, hoax emails asking for credit card details or emails supposedly from financial institutions asking customers to log in to a certain site by entering confidential information regarding their credit card number and password. Always be extra careful when us
