So years ago I had my credit card compromised....which is crap !
Tonight I get a strange automated phone call about my debit card # ending 1966...yadda yadda yadda... say "press 4" if this is your card....so I check my wallet....yes it's my card....I press 4 it asks me to wait "wait time could be 20 mins " :pullinghair: ....so I wait almost 25 mins....
In the mean time I log onto my bank account and see there has been three transactions on my debit car totalling $1611.57....????? How the heck do they do that without the card ???
So finally the guy comes on ... says I was flagged due to suspicious activity 8) Had to cancel my card and do an investigation before I can get my money back....but there won't be an issue...just need to go to the bank and get a new card and change my PIN
What a hassle....and I have no idea where or how they got my number....this is a card I only use for business so there's only two places I've used it in the last 30 days... :tired:
I'm glad the bank is on top of things like this, but it would be nice to catch the people doing this.... :headbang:
Dang, that's a bummer. Big hassle. :pullinghair: And the people that get away with it suck.
RFID reader
Same thing happened to me twice on my business card. The last time was about 3 years ago. I get a call from the bank concerning a charge that through up a red flag.
Some one in Huston Texas Charged a little over $1000.00 at a Mens Warehouse. They sell suits and mens clothes. Bank redeposited the funds the next day and an investigation
was opened up. Everything worked out in the end.
Do they have origin of the charge, Country? Also, employees at one of those 2 companies can potentially be suspect. Particularly if you give info by phone. Many other ways of doing it, but when you say you use it at 2 places, that really narrows things down.
I use my credit cards pretty heavily. I have my card compromised - seems like once per year.
This is the reason I stopped using a bank card that directly debited my bank. The bank was good about addressing the issues - but the money did come out of the account immediately when the fake transaction were posted.
At least with a credit card - the credit card companies will immediately take the disputed charges off the statement.
Still a PITA to change all of the automated transaction.
Happened to me last month. My Credit Union has an APP that I put on my phone. If anything is charged to my card, I get a notification within five seconds.
I got five charges within 30 minutes. I called my Credit Union and the web sites they were charging to. I stopped it right away.
The Credit Union canceled my card and send me a new one.
The charged web sites stopped the transactions.
I asked the web site personial to give me the shipping info of the charger so I could do something about them. Guess what, they said they could not give out that information.
Well I'm glad it wasn't my credit card because I've got likely a dozen or so pre-authorized payments that come off of that card....that's a REAL pain changing all of those....
I've checked my activity with this compromised debit card for the last 60 days.....three stores and my home branch ATM that's it...
It's happened to me once as well. What is amazing is that the banks catch it so quickly. They must have some seriously powerful AI running on the database of transactions.
:angry: This has happened to me about 3-times in the last 8-years .. The bank has always caught it.. This is why I only use Credit Cards for on-line purchases or any time my card will be out of sight such as a restaurant where they pick up the card at the table.
I know of folks using a Debit Card & their bank account gets emptied which can be a much bigger hassle to get corrected...
All that is needed is to walk past the wrong person with a devise to read the magnetic strip from the card in your wallet, bam they got your information!
That really sucks-lucky that you do not have to pay for it but in the end we all end up paying for fraud by paying higher rates. Banks are more on the ball than they use to be. We changed Credit Cards last year and in the beginning every time we went out to eat at a certain bar we always leave a bigger tip than 20 % because the food is so cheap. Our bill would be $10 to 12 dollars and we would leave a $5.00 tip and the credit card company would send us a email saying we noticed you left a unusually high tip is this correct. We thought that was good that they picked up on something that small.
JS27
Quote from: JS29 on January 16, 2019, 06:07:12 AM
All that is needed is to walk past the wrong person with a devise to read the magnetic strip from the card in your wallet, bam they got your information!
Maybe we should get one of these...
https://www.amazon.com/Blocking-Sleeve-Credit-Passport-Holder/dp/B06Y8PG61J/ref=asc_df_B06Y8PG61J/?tag=hyprod-20&linkCode=df0&hvadid=198125890480&hvpos=1o1&hvnetw=g&hvrand=7165332858563698472&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9003219&hvtargid=aud-467077737785:pla-349848738691&psc=1
Wallets made that block walk by reader/scanners.
I got one for Christmas.
As much as I hate technology the App that alerts you to purchases is a good idea these days.
I have a wallet that blocks readers too. Very good idea. 😃
Quote from: Cuda_mark on January 16, 2019, 05:54:51 AM
What is amazing is that the banks catch it so quickly. They must have some seriously powerful AI running on the database of transactions.
:iagree:
Mine has been compromised three times in the last 7, 8, years. Bank caught it immediately.
I've had it happen too. Last year my AM EX got cloned from a gas station reader. There was a trail on gas / munchies / car washes from Wisconsin all the way to Florida. One call to Am Ex and it was strait in about 10 minutes. BUT... all the small business people that are stuck with the loss SUX! We've been on that short end at my shop once or twice and it's your out the product... TFB ! There was another time a few yeas ago when I get a call from Dis wanting to know if I just bought gas in Murano Italy..... ahhh nooooo.....
The few times it has happened to me I have gone down to the LAPD station and made a theft report.
The cops tell me even they get taken by this credit card theft and can only make a report just like any citizen with no resolution as to catching the thieves.
The banks and credit card companies know who does it many times but it turns out to be more expensive for them to track them down and prosecute them than it would cost to just not hassle it and take the loss.
I had a fraud additional user on Discover and that card was sent to my address with their name on it, Discover never followed up , too expensive , the person lives in Washington or Oregon last time I checked.
Quote from: Topcat on January 16, 2019, 06:58:14 AM
Wallets made that block walk by reader/scanners.
I got one for Christmas.
Mike,
I have one of those too, and have been compromised 3 times in the last year. It is always a situation of buying car parts and having them shipped to an alternate address which flags the transaction . I honestly don't know how they do it, but all it takes is an unscrupulous employee at some website I bought from to see my name and credit card number and run with it. That's my best guess...
My wife went to a "do" that a mutual friend held where a nice foreign gentleman sold the ladies silk scarves and dresses etc. and my wife bought a scarf. She went out to lunch 3-4 days later and goes to pay with said card only to have the waitress come back and tell her the card had been declined! Nonplussed, she paid otherwise and came home to call the bank as to what was going on. Imagine her surprise when she was told by the bank that the reason for the declination, was that she had $27,000 on that card! Apparently, the bank never tweaked to the fact that there were charges for something in Canada one day and then several somethings in INDIA the next and then back to Canada etc. etc. They finally sorted it out, but I don't think the "nice foreign gentleman" ever got his comeuppance and I wish me and my friends Smith and Wesson could have made his acquaintance, but alas, no such luck. Caveat emptor! :stop:
If you are ordering parts on your laptop, and do not have a wired internet connection, you should be using a 'secure' wireless network - not open for anyone to log into without a password, and with encryption activated (like 'WEP' or better). Your wireless router settings control that. If you just purchase a wireless router and plug it in, 90% of them will run unsecured - meaning someone could "sniff" (extract) your typing card numbers or passwords over that wireless connection.
I have 3 open wireless networks in range of my house, and if I was of ill repute, could find any passwords or text entry done on them... it takes some specific hardware to do that, which I do not have, but then I wouldn't think of doing that anyway. Others would!
Either set your router up with security/encryption, or have a reputable IT person do it...
:alan2cents: