By Greg Wright
MBA, CFE, CFP®, CLU, ChFC
Certified Fraud Examiner
We read about the sophisticated hacking and ransomware attacks that damage entire networks, and the new ways to steal or fabricate someone’s identity. However, it's easy to forget that some of the things that used to a problem in the past are still a problem.
Your credit card number plus the security code on the card is already in the hands of a fraudster or simply is being offered for sale on the dark web. At the end of this article, I’ll tell you what I do to help protect my credit card from being used without my permission.
Greg’s tip: ask your credit card company for a new card number every year or when you see something suspicious or find out about a card data breach with a vendor that you have used.