Credit Card Fraud, Crime, Legal Action, Fraud, Markets, Banking, Commercial Banking, Credit

Credit Card Fraud, Crime

How to Protect Yourself From Card Fraud

Steps you can take to lower the risk of credit- and debit-card fraud include being wary of phishing scams and knowing how to lock your accounts.

5/27/2020 2:30:00 PM

Be wary of messages or phone calls that purport to come from a bank or that offer to help you obtain government benefits such as a stimulus payment

Steps you can take to lower the risk of credit- and debit-card fraud include being wary of phishing scams and knowing how to lock your accounts.

May 27, 2020 5:30 am ETPhoebe Flanigan received a text message in April from Wells Fargo & Co. that warned of suspicious purchases on her debit card. When the New York City resident logged into her account, she saw that dozens of purchases had been made in Brazil.

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Ms. Flanigan is among the 11 million or so Americans who fall victim to credit- and debit-card fraud each year, according to Javelin Strategy & Research, a consulting firm. Fraud attempts are on the rise during the coronavirus pandemic, according to Fidelity National Information...

Read more: The Wall Street Journal »

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