| Credit card identity theft is simply a category of ID | | | | about 50% of ID theft is obtained via stolen wallets. |
| theft, for which your credit card is used as a means | | | | Aside these, thieves also depend on conventional |
| for illicit purposes. Usually, CCs are used to perform | | | | options to retrieve your credit card information. For |
| fraudulent activities such as to withdraw funds from | | | | instance, CC identity theft may also happen through |
| your account without your authorization, purchase | | | | phone. So if you receive a phone call requesting for |
| goods in your name, and to obtain bank loans and | | | | your social security card number and credit card |
| open another CC account, thereby leaving all debts | | | | number and expiry date, be careful as it may be the |
| and credits for you to clear. According to several | | | | first step adopted by thieves to retrieve your sensitive |
| studies, about ten million people are affected as a | | | | information. A legitimate credit card company never |
| result of CC identity theft per year. In fact, credit card | | | | gives you a phone call out of the blue to request for |
| ID theft or CC fraud has now become one of the | | | | your CC information. Another common way through |
| serious problems confronted by the US Law agencies. | | | | which your CC information could be stolen is via raiding |
| The technological advancement has brought about | | | | your mailbox by criminals. In some instance, thieves |
| revolutionary changes in almost every field. Hence, | | | | even search trash to gain your CC and other |
| there is no exception in the case of credit card identity | | | | important information. Hence, check several times |
| theft. In other words, thieves adopt most advanced | | | | before disposing a document or bill into the trash. |
| options and tools to retrieve your CC details. For | | | | Many people become victims of CC ID theft via online, |
| instance, scammers use a pocket-sized tool attached | | | | as scammers use high tech viruses as well as Trojans |
| with a slot that could easily scan and copy information | | | | to track and record your critical information. In short, |
| from your credit card's magnetic tape, which even | | | | you are at risk to become a victim of ID theft at any |
| includes the security holograms markings. Here starts | | | | moment. Hence, being careful is one of the best ways |
| the plight of poor CC holders, as thieves use this | | | | to reduce the chances of CC identity theft. The |
| cloned information for unscrupulous purposes. Lost or | | | | installation of the latest anti virus software and the |
| stolen wallets and purses is perhaps the most | | | | usage of sophisticated wallets like iWallet can help you |
| common way through which CC identity theft could | | | | to prevent identity theft to an extent. |
| occur. As per the studies revealed by CC companies, | | | | |