For many, opening your first credit card can be an exciting time, as it opens your world to more purchases. However, as time progresses, you may accumulate several credit cards, with some used more frequently than others. Unfortunately, you may find that credit card fraud can impact you, leaving you in significant debt from purchases you never authorized. If this reflects your circumstances, it is imperative to understand how this fraud happens, how you can protect yourself, and the importance of discussing your legal options with a Los Angeles, California unauthorized credit card transactions lawyer to help you fight for justice if your information has been compromised.
How Does Credit Card Fraud Happen?
Unfortunately, there are a number of ways in which thieves can gain access to your credit cards, even without ever physically possessing your card. One of the most common methods is phishing. This occurs when a scammer impersonates a legitimate institution or company and sends emails or texts in the hopes of gaining your information. For example, a scammer may impersonate a streaming provider by sending you an email claiming there was an issue with your payment amount, complete with a link that, when you log in, sends your information right to the scammer.
Another common way thieves can access your card information is through card skimming. This occurs when a thief outfits a card reader at point-of-sale terminals with a device that will copy your card information when inserted. The reader will store the card information or send it to a nearby device. These are commonly found at gas stations, ATMs, and convenience stores.
Finally, you’ll find that credit card information is commonly stolen through data breaches. When hackers access databases and servers of websites where you have your payment methods stored, like retail websites, doctors’ offices, and even government websites, they can steal your card information. Often, when data breaches occur, the thieves will sell the stolen information on the dark web for other thieves to use.
What Can I Do to Protect My Cards?
One of the most important things you can do to protect your card information is to set up purchase alerts. This allows you to receive a notification every time your card is used for purchases exceeding a dollar amount you set. By receiving notifications, you can quickly identify unauthorized transactions and take immediate steps to thwart the fraud.
Another step you should take is to manually insert your card information each time you make a purchase. Though it may seem easier to store your card number on a website you frequently shop with, removing your card details makes it more difficult for thieves and hackers to obtain your information to commit fraud.
If you have reason to believe you are a victim of credit card fraud in California, it’s in your best interest to connect with an experienced attorney with Los Angeles Legal Solutions. Our firm understands how overwhelming it can be to dispute these transactions while repairing your credit, which is why we will do everything possible to assist you in this process. Contact us today to learn more.
