Security and Risk Complaints Online on 15 Tips to Avoid Credit Card Fraud

A person that has been a victim of fraudsters could mean that he or she is not fully protected by his or her bank. We suggest that you must know some steps involved in avoiding credit and debit card fraud to protect your pin numbers, card information, and other private information. Following are some simple tips that could help you keep the thieves at bay.

Use a paper shredder

After reviewing your receipts and bank statements, shred them right away.

Use different pin codes

If you have a few cards, don't use the same pin code on every card.

Don't use personal details as passwords or pins

This kind of information was easy to guess, so don't use your birth date or the first 4-5 numbers of your phone number as your password or pin code.

Don't save passwords on your desktop

Never allow your computer to save your passwords.

Beware of spying eyes

When you are going to withdraw some money at a cash machine in public, be wary of your surroundings and cover up your pin number when typing.

Avoid talking to your bank in public

Always make sure that you're alone when talking to them and see to it that no one is overhearing your conversation with them. As much as possible don't make phone calls to your bank in a public place.

Be extra careful on your surroundings

If you're in a public place such as an internet cafe when doing online banking, be vigilant on your surroundings.

Install anti-virus software

Your personal computer, as well as your mobile devices, needs anti-virus software to stay away from malicious threats. Don't also forget to keep your software updated.

Don't be afraid to confront callers

There were a lot of phone scams today, so when someone calls you and claiming they were representatives from your trusted bank, don't be afraid to ask questions such as why they were calling and such. Or you could also look for the bank's number on their official website and call them on that number to confirm such calls.

Lock your phone

Set a password on your phone and lock it every time you’re not using it, especially if you have a banking app on your mobile device. This way, no one could access your private information.

Keep your pin number private

If possible, don't write it on a piece of paper, and don't save it on your personal computer and mobile devices.

Don't click links on suspicious emails

If the email state that it is from your bank and asks for you to click on particular links, don't do it, but call your bank instead or make an inquiry through their official website.

Private information shouldn't be shared through email

If an email asks you to provide your personal and financial information, or else you'll be facing grieve consequences such as your account will be "frozen" and such, don’t be threatened and don't give away your private information.

Don't trust a website too much

Make sure that the website you're accessing is trustworthy, especially if you're making a transaction with it. If you find it suspicious, then don't provide any private information.

Beware of emails claiming from a legitimate bank

Culprits are more sophisticated these days. They could perfectly copy the logos of a legitimate bank and choose a web address that doesn’t have much difference to the original one, so you won't find it suspicious on the first look. But always remember that a bank will never ask for your banking details through emails.

Internet security is one of the major concerns nowadays so it would be better if you equipped yourself with sufficient knowledge about internet fraud or phishing scams and how to avoid them. Don't let yourself be a victim of credit card and debit card fraud, take necessary actions today!

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