Credit Card Fraud

Many people think credit card fraud only occurs when their wallet or purse is stolen. But did you know that half of all credit card fraud is conducted online using spyware? Internet credit card fraud schemes are highly profitable for spyware villains, who steal billions of dollars every year from unsuspecting computer users and corporations.

Once you encounter spyware and other forms of malware while doing your usual activities online, spyware silently begins collecting your information and wreaks havoc on your computer. Without your knowledge, spyware runs in the background recording your Internet browsing habits and keystrokes, monitoring the programs you use and collecting your personal information. This can lead to serious consequences such as credit card fraud and identity theft.

Spyware villains make money off your information.

Once spyware has sent your personal and financial data to spies, the criminals either sell your information to other criminals or fraudsters impersonate you using stolen information. Sometimes they will attempt to add themselves or an alias that they control as an authorized user to your account so it’s easier for them to use your credit.

Usually the villains will:

  • Request new account PINs or additional cards
  • Make purchases
  • Obtain cash advances
You pay for the damage spyware has caused.

Most credit card fraud victims don’t realize what has happened until it’s too late and they have to shoulder the costs of:

  • Restoring their credit records
  • Increased interest and insurance rates due to corrupted credit, health or driving records
  • Fixing a malfunctioning, spyware-infected computer
  • Lost productivity
How to prevent credit card fraud

Internet credit card fraud and identity theft can be devastating. Proactively preventing spyware damage is vastly less expensive than paying to restore your credit, your identity and your computer. If you want to know how to prevent credit card fraud, here are a few things you can do right away:

  • Use varied and complex passwords for all your accounts
  • Continually check the accuracy of personal accounts and resolve discrepancies immediately
  • Only provide personal information on sites that have "https" in the web address or have a lock icon at bottom of the browser
  • Do not provide personal information to any unsolicited requests for information, which are often a sign of phishing
  • Avoid questionable Web sites
  • Practice safe email protocol:
  • Don't open messages from unknown senders
  • Immediately delete messages you suspect to be spam
  • Only download software from sites you trust. Carefully evaluate free software and file-sharing applications before downloading them.

 

To avoid credit card fraud, make sure that you have the best security software products installed on your PC:

The best internet credit card fraud protection begins by avoiding spyware infection in the first place. Products like Webroot® Spy Sweeper® guard against spyware entering your computer and prevent it from slowing your PC through damage to your files and programs. A good anti-malware program searches every place on your PC where spyware can hide and removes every trace to boost your PC performance. While free anti-spyware downloads are available, they just can’t keep up with the continuous onslaught of new spyware strains. Previously undetected forms of spyware can often do the most damage to your PC, so it’s critical to have up-to-the-minute, guaranteed protection.

CONSUMER ARTICLES

Digital Family Life
2012 Olympics Apps
4 Ways To Backup Music
5 Weather Apps
9 New Years Apps
Apps for Baseball
Best Movie Apps
Buy Baby Domain Name
Children, Sleep & Technology
Facebook Parenting
Father’s Day Gift Guide
Foodie Mania
Free Mobile Apps
Gamification and Sports
Get in Shape
Graduation Gift Ideas
Lose Your Smartphone or Tablet
Mobile Apps & Natural Disasters
Mobile Device at the Ballpark
Music in The Cloud
Parent's Guide to Online Safety
Phishing Scams
Sci-Fi/Fantasy Sites
Social Media & School - #1
Social Media & School - #2
Social Media & School - #3
Social Networking
Summer Vacation
Summer Vacation & Tech Usage
Tech Savvy Teens
Technology & Music
Technostalgia
The Next Top Chef
Three Back-To-School Scams
Toddlers and Tablets
Tumblr Food Sites
Will Tablets Replace Laptops?
Wine & Mixology Sites
Mobile Security
3D Technology for Mobile
5 Phone Hacking Stories
7 Internet Security Lies
Best Apps for Vacation
Geolocation Services
Mobile Security Questions
Payment Technology
Prevent Phone Hacking
Smartphone & Tablet Security
Solar Powered Devices
Tax Refunds and Mobile
Voice Recognition & Security Threats
PC Security
5 Infographics
Computer Hackers & Predators
Computer Security Glossary
Computer Security Threats
Computer Virus Information
Credit Card Fraud
Email and Instant Message Activity
File Loss and Data Corruption
File Sharing and Downloads
Internet Browsing Safely
Internet Dangers
Internet Security FAQ
Interruptions from Popups & Spam
Malware Symptoms and Threats
Online Fraud Prevention
Online Identity Theft
PC Performance Problems
Phishing Scams
Prevent Malware Popups and Scams
Unexplained PC Behavior
You Are What You Google
Online Shopping & Banking
Banking Trends
Cool Music Apps
Credit Card Information
Credit Card Protection
Holiday Shopping Infographic
Holiday Shopping Tips
Mobile Fashionista
Top Music Sites
Digital Citizenship
Can Technology Save Lives?
Digital Grassroot Activism
Tech & Developing Countries
Cyberbullying & Online Predators
Cybercrime
Online Activities
Your Child's Online Reputation
Managing your Online Reputation
Digital Communication Style
Job Hunt Identity
Social Networks & Privacy
Sure Footed Social Networking
Wipe Your Device