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Credit Card Fraud and Your Business

by sccsadmin on January 22nd, 2009

According to surveys, most cases of credit card fraud happen without the real credit card holder’s knowledge. In fact, identity thieves can steal your credit card information and commit fraudulent acts even without the actual cards in their hands. Yes, even if you have your credit card safely in your wallet, someone may already be using your account without your consent.
Different strategies are used to achieve these crimes. Small “skimming devices” can be used to obtain data from your credit card. Skimming can be done in just seconds when you hand over your card to a waiter or a cashier to pay your bill.
“Phishing scams” or “phishing websites” are also a common tactic used to steal information. Perhaps you may have received an email that appears to be from a well-known merchant or a government agency. The email may require you to provide some [...]Read More

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