Credit Education 101
Website CertifiedPrivacy Protected
Credit Education > Identity Theft > Protecting from credit card identity theft

Protecting from credit card identity theft

By Janet Lacey
Published: Thursday, March 22nd, 2012

Identity theft is a major credit card issue and almost all credit card holders are apprehensive about sharing their credit card details online, while online shopping. You cannot really avoid giving in your credit card number to public domain of the internet, such is the reality of today’s world, like it or not. Given this state of reality, it is essential, that you therefore take adequate measures in protecting yourself from identity theft by following the simple guidelines mentioned here.

  1. First, check out whether you are using a secure server for credit card transactions. Although all data that you input goes into the public domain, yet you would have certain peace of mind that you are providing your credit card details to a secure system, as secure as it can be. Therefore, if you find that the server address begins with https: rather than http://, then you can reassure yourself that the extra ‘s’ stands for security, the alphabetical difference between http and https. If not, then you r data is not provided to a secure line of connection, and it is ‘in the clear’ for the hackers to apply. Using https makes more sense. Webmasters should minimum ensure that all the financial data transactions should be carried on through a SSL connection.
  2. Check your credit card accounts regularly: Since everything is on the internet, you will have to be meticulous about your credit card transactions. You will have to remember to check your credit card accounts regularly and see that they are at par with your transactions. In case, you sniff a fraud, do remember to contact the bank and the credit card company about the possible fraud with your credit card number. However, before contacting with the bank, you may also remember that the bank will freeze your account for an indefinite while they carry out their investigation. This can get very frustrating as it takes again quite a while to reissue cards, so you will have to think according to your convenience.
  3. Safety is in numbers and alphabets: The only safety that you can assure yourself is by the wise use of numbers and alphabets, passwords. Protecting your email address is and should be major concern for webmasters and netizens, and weird combinations of numbers and alphabets can give your account the extra security that you are striving for. Also, it makes sense to periodically change your passwords on different accounts, including social media sites.
  4. Installing personal firewalls: Installing personal firewalls on your computing systems is not any more a luxury, but a necessity so that your computer is provided with the necessary additional level of safety from identity thieves.
  5. Beware of the phishing scams: You will have to be wise on the internet and protect yourself from alluring phishing scams asking your financial details in one way or another. A common example of a phishing scam is to pose as a valid company and ask for financial details on behalf of that company. As this article is trying to tell you, you will have to be wise on the internet.

No Comments »

No comments yet.

RSS feed for comments on this post.

Leave a comment