Credit card hacks!

Why do cyber thieves take the time to wreak havoc? Since hackers are going after the companies that hold your information, it’s hard to stop them from getting your information. All the same, you can take steps to minimize the damage. Here’s our guideline to deal with the uncertainty.

Ask for the new card

Call your bank and demand a new card. It’s not likely to put up a fight as the bank is responsible for paying false charges. In the event that the bank does, don’t back down on your demand.

Renew your password

If you have done any online business with the affected company – or you have an account with it – change your password right away. Make it more than 8 characters and difficult to figure out. If it’s easy for you to remember, it’s easy for a hacker to crack. While you’re at it, change and strengthen all of your passwords.

                    

Filing a complaint

Call the non-emergency number of your local police department. Say that you were a victim of identity theft and wish to file a report. This makes your status as a victim official.

Block your credit

You don’t want anybody opening up new lines of credit in your name. Blocking doesn’t allow anybody to access your credit report without your approval. Creditors probably won’t approve an application without having access to the person’s credit report.

Monitoring your account online

Don’t wait to check it when the statement arrives; check today. Keep monitoring daily for at least 30 days after your new card arrives. If you see fraudulent activity, call the bank and report it immediately. Often you can dispute charges online, but calling and talking to somebody assures that the issuer has record of your dispute.
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Source: Secondary