CAVEAT :
Last Friday, I got a text message from my Credit Card Company advising me that a transaction was rejected due to an expired “Expiry Date”. The suspicious transactions involved would be purchases from Amazon, Ebay and another retail company. Fortunately, the transactions were All rejected and I was immediately alerted.
These transactions weren’t mine but from what we we know as “Credit Card Scammer”.
Credit Card Fraud has been on the rise since 2015 and since last year’s Pandemic, the number of people victimized by these Credit Card Scammers have really ballooned all over the world.
Cyber Security is a major concern by financial institutions, banks, online companies and of course, ourselves.
Take note that your credit card company should send you a message when a transaction is about to go through. You will be alerted to give a One Time Password or Pin ( OTP ). Once you receive that message, make sure that you call your Credit Card Company and report the incident which I immediately did.
Upon checking my Credit Card, they noticed unusual movement meaning someone has been trying to use my Credit Card for sometime now and won’t stop until they are successful with getting my password, expirty date or OTP ( one time password or pin ). So I was advised by my Credit Card company that my Card has to be “Blocked” immediately as it’s already compromised.
The Credit Card company will issue me a new Card and will deliver to me in 10 business days.
Lesson learned is to take action when suspicious activities happen in your bank accounts, credits card, and any other on line activity you may have. A majority of Us don’t really look into our Bills and that is something that we have to take extra time to look at now as there is always a threat every minute from the world wide web.
Change your passwords often, make your passwords complicated by using number and figures and not limiting your them to plain alphabets.
Finally, here’s a good article on "common online" scams for your reference : https://www.broadbandsearch.net/blog/common-online-scams
