Experts Reveal The Techniques Thieves Use To Steal Credit Card Information

Orlando, FL — March 24, 2016 - Nowadays, many of the most successful thieves do not snatch purses or use the traditional methods of theft. These thieves are equipped with the right technology, knowledge, and skills that allow them to steal secretly in just a matter of seconds or minutes.

Experts reveal the techniques thieves use to steal credit card information. Stolen personal and financial information is typically used for fraudulent purposes. What makes this crime even more alarming is that more and more people can actually do it due to the affordability and wide availability of skimmers.

According to William Noonan, assistant special agent in charge of the Secret Service's criminal investigative division, technology has changed things. Criminals easily hack, phish, or skim their way to banks and companies only to obtain names and emails. Unfortunately, they are also able to get credit card numbers.

Devices such as skimmers are often used by thieves. Data-stealing thieves could be anyone, from the waitress to the bartender. Skimmers are just small devices that can easily and quickly read information from credit cards.

Thieves also use techniques that require them to do teamwork. For instance, one thief distracts the sales clerk and the other switches the card reader at the register. This will then allow thieves to get all the credit card information until they are able to get their card reader.

Skimmers may also be installed at parking meters, ATM machines, and vending machines. Once data is stolen, it is usually sold to the highest bidder or used in making purchases, taking out loans, and other fraudulent purposes.|

There are several ways to increase one’s protection against these thieves. According to experts, credit card owners may set up mobile alerts for their phone and regularly check their accounts online.

It is imperative that they avoid using public computers or transacting business with strange or unfamiliar online vendors. Once they notice some invalid transactions or that their information has been compromised, they should let their local law enforcement of financial institutions know about it. Having and carrying credit cards without taking precautionary measures can be financial suicide. It is imperative that card owners increase their protection against these thieves through following the steps above.

There are products available nowadays that are designed to shield credit cards, passports, and other documents from data thieves. One is the set of RFID blocking sleeves that are designed to keep personal information safe from thieves (amazon.com/RFID-Blocking-Sleeves-Protector-Protection/dp/B0150T0AI2).

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