E-Skimming Getting Worse by The Day
FBI Issues Warning
Cristal M Clark
I’m sure you all know about card skimming at the fuel station, the market and just about anywhere you swipe a card, we also need to worry about E=Skimming which is not a new thing.
E-Skimming, is an internet based card fraud where malware is injected into the payment page of a website to steal consumers’ payment details which of course happens when the hackers have unleashed malware on the payment page of the website. They then collect customer card data when customers pay during the checkout process.
Of course this has been a small problem since online shopping became a thing however, it’s now getting worse as each year passes. In fact according to the FBI, millions consumers’ data has been compromised by this kind of online scheme over just the past 2 years, and that my friends is just a stab in the dark at just how many individuals have had card data stolen through an online store because the FBI is having a difficult time obtaining a more precise count.
Unfortunately, consumers never see this or get a warning when any sites payment system has been compromised so, we can’t really tell.
So what are we consumers to do here?
Experts suggest using a credit card for all online purchases over using a debit card because the money on a debit card comes out of your account right away and in some cases it can take a while to see the funds returned to the account.
Consumers can also check with the bank that they use, most banks now have a feature included with most mobile banking apps that alert the user if a charge is run on his/her debit card and that alert is in real-time.
Banks are also really coming around in terms of fraudulent charges on cards, they don’t let the fund’s come right out before checking with the consumer in some cases where things seem off and they are getting faster at returning funds that were not authorized.
Either way, the FBI does not see an end to this situation anytime soon, so when you shop online, keep an eye out for charges that don’t belong to you.
Cristal M Clark