Thread: Target For Recurring Fraud On Credit Card?

I searched for recurring fraud and did not find anything. I hope this is not covered anywhere else.

My credit card has been hacked for the 4th time this year! This is getting old! We are very careful about where we use it, but do have the card info on several ecommerce sites (Amazon, Yahoo, ConsumerReports.org, etc). Do we just have to go without the online accounts? Should we try to do everything via PayPal?

Ironically, I just signed up for LifeLock last week.

Any suggestions appreciated.

Originally Posted by recurring target

I searched for recurring fraud and did not find anything. I hope this is not covered anywhere else.

My credit card has been hacked for the 4th time this year! This is getting old! We are very careful about where we use it, but do have the card info on several ecommerce sites (Amazon, Yahoo, ConsumerReports.org, etc). Do we just have to go without the online accounts? Should we try to do everything via PayPal?

Ironically, I just signed up for LifeLock last week.

Any suggestions appreciated.

I think LifeLock is baloney.

You're not liable to pay for any fraudulent purchases on your cards. Call your bank and have your account number changed.

I would recommend using credit cards, not debit cards, for internet purchases and use an internet-only card number from your bank if it offers them.

Thanks for the response. LifeLock...well we will see.

I change my card number every time it happens.

I am not sure LifeLock will catch people hacking your card. They do a good job at seeing who is applying for new credit with your information. However, that is not what you are describing. The credit card company has already given you the credit so there is no application for new credit. LifeLock protects again identity theft not against credit card fraud.

I would take a very close look at your credit card account. Are there other cards attached? Double check which merchants you are doing business with on and offline. Credit card fraud was with us before the Internet became the "great store with no walls".

I've had my former Charles Schwab card 'stolen' twice in the last 6mo. While reading about the demise of this card at another big Fat forum, frequent fraud was a more prevelent theme than I would have ever thought.

A friend just had 3 of his cards hit in the same day. The strange thing was those were the ones that still had his ex as an authorized user, he all had the cards and had seen her earlier in the day. The fraud happened 150 miles away, grocery stores in suburban DC VA.

You can freeze one or two of your reports. That prevents ID theft.

If you are conducting business on the internet and new cards and account numbers have been given to you and stolen repeatedly, of course you should freeze your bureau so that only you can authorize anything that comes through. But the common denominator about whomever is stealing your identity may be that they are stealing it from the computer that you use.

Have a good antivirus program, a good firewall, and a good rootkit detector/remover. There are many good ones out there which are free too and quite effective. You also have to use them routinely (realtime protection and periodic full system scans) once you get them, if you don't have them already.

All good suggestions.

They seem to be overlooking the other 5 or so cards I've used on this computer. I mentioned it because that card, the FIA former Charles Schwab, seems to be very frequently compromised.