Elderly people, especially widows, are commonly targeted by scammers because they are vulnerable and unfamiliar with the complications that come with new technology systems and scams. Whether these are in person, over the phone, or online, the people being targeted and their family members need to be aware of the ways in which scammers are tricking everyday people into handing over their money to fraudulent scammers.
Lately, it feels like credit and debit card fraud is impossible to avoid. When your payment information was compromised as a result of a company's data breach, prevention is out of your control. However, there are several other ways criminals steal your information that you can look out for when using your cards. We're going to explain two common methods—card skimmers and social media phishing.
Topics: Fraud Protection
There are many different types of credit card fraud. Whether your card was lost, stolen, or your information was hacked, all types of credit card fraud are extremely serious and should be handled as soon as possible. If your card has shown fraudulent activity you should follow these 4 action steps.