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11 Tips for Preventing Credit Card Fraud

November 30th, -0001

The holidays represent the busiest shopping season of the year, and a prime time for thieves to get in on a piece of the action.

“Credit card fraud can affect anyone, at anytime, but consumers are particularly vulnerable around the holidays,” says Jack McCoy, vice president of security for Discover Financial Services.

And while credit card fraud was once more limited to those who had lost wallets or stolen purses, today the Internet opens up a plethora of new credit fraud avenues.

This year, Consumer Reports expects that a record number of shoppers (50 percent) will shop online for at least one holiday purchase, and online shopping is expected to jump 18 percent from last year, to a total of $32 billion, according to JupiterResearch.Read Full Story

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