Easy ways to prevent your card from being cloned, Card cloning is on the rise, therefore it’s more crucial than ever to secure your card. Libby James, the co-founder of dvlasolutions.com, has outlined the seven best techniques to protect your cards and cash.
Easy ways to prevent your card from being cloned
Use a credit card where you can
Credit cards are frequently a safer bet than debit cards since they contain legal fraud safeguards for consumers that debit cards do not have.
For example, if you’re making a large online purchase or giving over your credit card at a bar to open a tab, use your credit card for greater liability protection.
Sign on the back of the card
It may seem obvious, but many individuals forget to sign the back of their business cards when they arrive in the mail, all bright and new.
Simply remembering to sign the back of your card verifies that it belongs to you and is a crucial step in protecting yourself against fraud. Clone credit cards
Buy a card-guard.
Card guards are another great option that is simple to implement and inexpensive. Simply insert your card-guard into your wallet, handbag, or cardholder to protect the personal information on all of your cards. This is for people who buy clone credit card
When flying or commuting through a public location, this may make all the difference in making you feel comfortable and secure, as well as ensuring that no one can use or clone your card while it’s tucked away on your person.
Do not share your pin
This may seem obvious, but NEVER give out your PIN number to anybody. People frequently utilize memorable numbers, such as their birthday or address, which are both pretty easy to break or guess.
Randomize your PIN and change it periodically (as most banking apps now allow you to do).
*Insist on ‘chip’ cards: Most banks now provide chip-enabled credit and debit cards. These cards are more secure than standard cards with a magnetic strip on the back. A personal index number must be input on the point-of-sale terminal for chip-based cards. They have a lower chance of being cloned.
Check an ATM before you use it
Before using an ATM, look for evidence of manipulation. This may not be noticeable at first, but keep an eye out for unusual-looking card slots, such as the keypad being elevated or any other elements that do not appear to be correct. Make a point of inspecting the ATM.
Another thing you may do is cover the keypad when entering your PIN number, preventing any concealed cameras from obtaining your information.
Please resist the temptation to save your card information on your phone, such as your 16-digit number, expiry date, and three-digit security code, so that you may make online purchases while you’re not in the same room as your purse or wallet.
Keeping a note on your phone with all of your passwords and PIN codes is also a poor idea.
You’re putting yourself at risk, locked or not. Another suggestion is to uncheck the box that asks you to save your credit card information while purchasing online.
Although entering your credit card information every time you buy is time-consuming, you are saving your skin and preserving your plastic.
Set up a two-step authentication for online transactions
It just takes two minutes to set up two-step authentication on your cell phone, and it is well worth it.
This means that when you make an online purchase, your bank will give you an OTP (one-time password) to your phone to confirm that you are the one making the transaction. This is an extra layer of protection to guarantee you have complete control over your cards and purchases.
*Use a low-value credit card for online shopping: If you frequently shop online and pay with credit cards, it is logical to request a modest credit limit on a card that you just use for this reason. It lowers your chances of losing too much money in the event of online fraud. One method is to use a debit card from a bank account where you just keep a minimal balance. You might also ask your bank for a virtual credit card, a service provided by some banks that conceals the actual card number and data. Easy ways to prevent your card from being cloned
*Destroy your old receipts: Don’t just throw away old credit card charge slips and statements; shred them. The information on your credit card statement might be exploited to conduct fraud. Fraudsters might report a missing card, change your address and phone number, and then use the information to get a replica card created.
Detect and prevent card cloning fraud with dvlasolutions
Hardware innovation is critical to payment network security. However, given the importance of industry standards procedures and the numerous players involved, specifying hardware security measures is beyond the jurisdiction of any single card issuer or retailer.
Instead, businesses that want to safeguard their consumers and income from payment fraud, such as credit card and debit card fraud, should develop a comprehensive risk management approach that can detect fraudulent behavior before it causes losses.
Dvlasolutions combines the power of sophisticated rules, proactive machine learning, mobile-first device intelligence, and a comprehensive suite of automation, visualization, and case management tools to combat all types of fraud and reduce risk exposure for issuers and merchant teams. Find out more about how we do it here.
We assist businesses of all sizes who wish to eliminate fraud. A major worldwide card network, for example, has little capacity to keep up with quickly evolving fraud strategies. It was jeopardized due to decaying detection models, inadequate data, and a lack of a current infrastructure to handle real-time detection at scale.
Related post * Learn more on how to use cloned credit cards safely
Reference * How to clone a credit card