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7/16/2017

Topic Reading-Vol.1922-7/16/2017

Dear MEL Topic Readers,
Credit Card Fraud: What you need to know
Online shopping has been increasing everywhere in the world. But is online payment safe? Whether for online or onsite payment, whenever you use a plastic card, credit or debit, there is always a chance for cybercriminals to seal precious information from the card for fraud.
One typical method to steal card information is “phishing.” It is often carried out by email spoofing or instant messaging, to direct users to enter personal information at a fake website that looks almost identical to the legitimate or trustworthy one.
Another way, though not as often as in the past, is to steal card information by swiping a card by a special device, called “skimming.” For example, when a server takes your card away for payment, he or she could swipe the card to steal the information.
How should you protect yourself from such frauds?
Enjoy reading and learning what you should and shouldn’t do to avoid being a victim of such fraud.

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