A question that sometimes drives me hazy: am I or are the others crazy? - Albert Einstein
Credit card fraud is definitely on the upswing, costing businesses billions of dollars every year. If you are the victim of fraud, you are not usually required to cover the unauthorized charges-especially if you inform the credit card company immediately after the discovery of a discrepancy. You still pay, however, because someone has to pay for the theft and the charges trickle down to consumers. Further, if you have been subject to credit card fraud before, you know how stressful it is to go through the energy and time-consuming ordeal.
Most people use credit cards regularly and so fraud is more common than most people think. The good news is that it is easy to prevent. Credit card companies are doing their part to make cards more secure. Some are displaying a photograph of the cardholder. This prevents criminals from making face-to-face purchases with a stolen card. Further, most cards have holograms and hidden images, which prevent thieves from making new cards with stolen numbers.
Regardless of these measures, credit card fraud is still rampant. Therefore, you need to protect yourself by taking the following measures: