The First Art Newspaper on the Net    Established in 1996 Wednesday, September 29, 2021


What to do with credit card fraud - and how can I protect myself from it?



In the hotel, in the supermarket or at home on the sofa while shopping online: the credit card is quickly pulled out - and the trip, the purchases or the new sneakers are paid for. Credit cards are practical, no question about it. Unfortunately, however, they are never 100% secure and with increased use, the number of credit card frauds also increases.

What is credit card fraud or credit card abuse?
In the case of credit card fraud, credit card details are stolen or forged and used for illegal purchases. Credit card abuse on the Internet is comparable to the theft of a physical credit card. There are three types of credit card fraud:

1. Card theft

If fraudsters steal your physical card, they can use it to pay immediately - in shops as well as in online shops.

2. Electronic data theft

To shop in online shops or make a booking online, cyber criminals only need the card number, the name of the owner and the check digit.

3. Data theft from credit card providers and online shops
Time and again, Internet fraudsters and hackers manage to steal credit card data from customers on a large scale from renowned online shops or hotel chains. Also take care of sites selling credit cards online. Choose only reliable CVV Shop to purchase cards.

I WANT TO PROTECT MYSELF FROM DANGERS ON THE INTERNET

Is it even safe to pay by credit card? What would the alternative be?
There will never be absolute security when paying by credit card - neither physically nor on the Internet. There are several alternatives: Be it purchase on account, prepayment or payment via a payment service such as PayPal. At the same time, the convenience of credit card payments cannot be disregarded and so it is most important to be aware of the potential risks.

Are there big differences in terms of security when paying with credit cards?
Payment services such as PayPal offer the advantage that these systems are exclusively geared towards payment and the providers invest a lot of time and money to make their respective service as secure as possible. The security standard is correspondingly high. If, on the other hand, I pay at a small niche shop that “also” offers credit card payments, I as a customer have to trust that the shop operator will maintain his system and thus guarantee security. Another advantage that should not be underestimated with payment services such as PayPal is the buyer protection offered. In the case of misuse, the customer has another authority in addition to the credit card provider who intervenes in case of problems.

In some online shops, I also have to enter a code that I receive via SMS. Does that increase security?
In any case, whenever possible, so-called two-factor authentication should be used. This applies to both payment and logins. The additional identification of the user with the second component significantly increases security.

How often should I change the passwords for my favorite online shops?
The question should never be how often do I change the password, but how strong the password is. The strength of a password is defined by the time it takes to hack it. If the password is strong enough, it is sufficient to change it every six to eight weeks. Many devices today suggest extremely secure passwords when creating a new account, thus increasing the security of the login data.

Cardholders often only discover data theft after weeks or even months because they do not regularly check their debits. In many cases, it is then too late to complain about credit card abuse. Banks and credit card providers only have to reimburse the monetary damage if the complaint is made within the deadline set by the credit card provider.










Today's News

June 23, 2021

How do you move a 30-ton Diego Rivera fresco? Very carefully.

Rubell Museum re-opens two Yayoi Kusama Infinity Rooms

Tuckered out: Early Antarctic explorers underfed their dogs

Dallas Museum of Art acquires its first Basquiat work

Ivan Morley's third solo exhibition with Bortolami Gallery opens in New York

A century of music: Guernsey's blockbuster 1,000 lot auction

Seattle Art Museum embarks on transformation of American art galleries

UNTITLED, ART Miami Beach returns for 10th edition this December with four guest curators

San Antonio Museum of Art acquires contemporary works by Texas artists

Reflex Amsterdam opens new space with a sculpture by KAWS

New exhibition features reimagined "Mexican" zodiac

Largest selection from celebrated California artist headed to Heritage Auctions

Waxing lyrical: Madame Tussauds to open museum in Dubai

David Livingstone Birthplace to reopen this summer following regeneration

From bleached corals to overtourism: UN World Heritage sites in danger

Grande dame of Paris emporiums reopens after 16-year facelift

Christie's Watches Online: The New York Edition achieves $2.37 million

Springfield Art Museum acquires work from emerging Missouri artist Glyneisha Johnson

Egyptian 'enigma' goes on trial for Louvre machete attack

High Museum announces new board members

An architect with an eye on the environment

Tony awards announce first three recipients

South African opera star furious over Paris airport grilling

Stunning images from the Euro '96 football tournament go on display at the National Football Museum

What to do with credit card fraud - and how can I protect myself from it?

Camera For Photography

Can you access popular bookmakers in the US & worldwide?




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
produces:

ignaciovillarreal.org avemariasound.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful