Posted: 5/30/2010 2:03:33 PM EDT
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My debit card was fraudulently used 3 times @ roughly $250 ea transaction in cities of Sacramento, El Dorado, and Lancaster. Fraud services got it shut off but it was in the negative at that point. Just curious how perps get access to something you barely use. I only use it to get money from a local credit union and sometimes from a bank in Mammoth Lakes. I've used it once to purchase a small gift at a local gift store in April. Other than that it never leaves my wallet. Don't they need a PIN to use it. I guess some guy with a telescope could be getting the PIN but I don't leave the slips around either. I'm sort of suspecting a bad employee at the Credit Union where they have a new CEO who may have to fire a few people. I'm somewhat aware of this because said CEO is a the wife of a friend. How else do these get compromised? The online site has been working oddly lately sometimes requiring another logon that does not claim you're making a mistake on the one before, it just skips to a slightly different logon, which sends you back to the standard logon. Should I be suspicious of something like that?
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In the past couple years there have been HUGE numbers of card numbers/ info stolen from payment processors. So you could have used your card at a store and then later had it stolen from the 3rd party processor. People think they're safe from card fraud if they don't use their card online or if it never leaves their sight, but they aren't.
ETA: and many if not all debit cards (unless strictly an ATM card) can be ran like a credit card without the PIN. |
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Quoted:
In the past couple years there have been HUGE numbers of card numbers/ info stolen from payment processors. So you could have used your card at a store and then later had it stolen from the 3rd party processor. People think they're safe from card fraud if they don't use their card online or if it never leaves their sight, but they aren't. Interesting, i guess I never considered that. I use a check card for most of my purchases, but cash is still king IMO. I may cut back on the CC purchases in the future. |
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Quoted: In the past couple years there have been HUGE numbers of card numbers/ info stolen from payment processors. So you could have used your card at a store and then later had it stolen from the 3rd party processor. People think they're safe from card fraud if they don't use their card online or if it never leaves their sight, but they aren't. ETA: and many if not all debit cards (unless strictly an ATM card) can be ran like a credit card without the PIN. Many banks and credit unions recommend only using it as a CC. |
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Quoted:
In the past couple years there have been HUGE numbers of card numbers/ info stolen from payment processors. So you could have used your card at a store and then later had it stolen from the 3rd party processor. People think they're safe from card fraud if they don't use their card online or if it never leaves their sight, but they aren't. Most of this fraud is perpetrated by "inside men" at banks or payment processors. Also getting one of their guys working at a hotel or something is common. I've seen frauders hit the same banks multiple times, all card numbers the same except the last 6 digits. And they'll always have the correct billing info given. |
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Quoted: In the past couple years there have been HUGE numbers of card numbers/ info stolen from payment processors. So you could have used your card at a store and then later had it stolen from the 3rd party processor. People think they're safe from card fraud if they don't use their card online or if it never leaves their sight, but they aren't. ETA: and many if not all debit cards (unless strictly an ATM card) can be ran like a credit card without the PIN. Thanks, I'm seeing that that number may be in the millions. I did find that I'd used it once at a Chevron last month because I was filling a large tank and thought they wouldn't put a limit on the debit.....but they did....$85...instead of the older $75 limit. This will be interesting to see if the Credit Union covers this or puts it on me. I guess some debit cards are also covered like CC's. I can limit this exposure by putting money in only when needed to cover checks but it's kind of a pain to do and not foolproof. Even online bill paying won't completely fix the issue. |