It is common to see people making transactions online using their debit cards and credit cards. It helps them to place orders for products and services instantly by executing fast money transfers. But most of the people are unaware of threats are hidden behind this technology.
With the advancements in the technologies, our lifestyle has become quite flexible and comfortable. But at the same time, it created new opportunities for cybercriminals to hamper our bank accounts and other sensitive data. Credit cards are always on high risk as hackers find them most suitable to steal a huge amount from some random bank accounts. Experts advise following some trusted tricks and techniques to protect your credit cards.
Below we have highlighted a few such methods to ease your online transactions:
- Follow basic credit security tricks:
Whenever you receive a new card, prefer to do your signatures on the specific space on the backside of the card. It will protect your card even if it is stolen by some fraudsters. Also, never ever store your PIN at the same place where you prefer to keep the card; otherwise, thieves will gain easy access to your money.
- Don’t share your account number:
Cybercriminals are always eager to know your credit card number so that they can perform some malicious activities and hack your financial accounts. Well, in order to prevent such issues, keep your card private. Don’t allow other people to see it in public places. One should not share any information related to the credit card on phone calls and not even answer any email asking for such credentials. Your bank or merchant do not ask you such information, so avoid falling into the trap of fraudsters.
- Secure your devices:
Most of the people these days prefer to make their banking transactions via their smartphone or computer. But if they are not secured, hackers may also gain access to your banking credentials. Make sure you are connected to a secure network before making any such transaction, and your device follows the latest security features. If the network is not secure, you might need good VPN software to encrypt data and hide your IP. It is also advised to use the latest antivirus to prevent hacker’s attacks and other malicious activities.
- Manage your passwords:
Experts always advise changing credit card passwords from time to time; using the same password for a long time make your card vulnerable to hacker’s attacks. It is good to follow unique combinations of letters, characters, and numbers to create strong passwords and does not share them with anyone. Whether you use your credit card for online transactions or offline, prefer to change the password from time to time.
- Report lost cards immediately:
The moment you release that your credit card is missing, prefer to contact professionals at your bank so that they can block all the transactions on your card. It will help you stay safe from major theft issues. The bank may issue you a new card after blocking the previous one; the chances are that you may have to pay a small fee for issuing a new card.