Boosting Computer Security In A Time Of Increased Danger

The danger of credit card fraud from hacking is fast becoming a very very common thing as hackers get more advanced and more and more transactions are conducted online.  The recent large scale attack on Target that exposed the information of over 70 million customers has brought this issue to the forefront of everyone’s minds.  The current fraud protection measures we have in place are clearly no longer enough, and the credit card companies are looking into chip-based EMV systems that will have an additional encrypted chip embedded in the card that would make duplicating them much, much more difficult.  The target for the switchover is in 2015, however, as card companies must gear up for the change.  It will cost money to switch to the new system, however the impact of fraud now is threatening to outweigh the cost of switching systems.  It’s just getting too crazy.

What else can you do to protect yourself from credit card and identity theft?  Well, ensure that you’re constantly monitoring your credit card bill.  Many companies will have fraud detection and alerts in place.  However, sometimes false charges can sneak by the filters.

Another thing to do is to ensure that your computer is free from spyware and malware.  Keysniffers and other viruses can easily steal your data and send it on to a criminal third party.  Using programs such as Spyhunter 4 and Norton 360 are excellent ways of protecting your computer and your online safety.

Never send your password or any similar info to a company if you get an email asking for it.  A company will NEVER ask you for your password.  These are phishing attempts and should be reported accordingly.  In addition, keep your guard up and use your best judgement.