PDA

View Full Version : Monitor your credit cards for fraud



NewsWhore
08-02-2010, 01:50 PM
El Dia is alerting credit card holders to closely monitor their credit cards for possible cloning. The newspaper quotes bank security officers as saying that fraud occurs more frequently after cards are used at gasoline stations and restaurants.
El Dia says that to clone the cards, scammers may install a wi-fi modem to the dataphone that simultaneously sends the card code to the transaction authorizing entity (Cardnet or Visanet) and to a computer set up by the criminals. On other occasions, a portable scanner is used to copy the data. In either case, the employees at the business are accomplices.
The banks say that consumers at gasoline stations should not let their credit cards out of their sight.
One bank said that more than 3,000 fraud claims had been received in July.
The bank says that as a security measure, large stores should request the cardholder's ID.

More... (http://www.dr1.com/index.html#7)