It’s the shopping day that bargain hunters have been waiting for all year, but as Black Friday approaches, South Africans are being urged to remain vigilant to fraud risks as online activity increases.
Consumers are urged to be vigilent as online activity increases ahead of Black Friday . File picture: Connect Images via AFPIt’s the shopping day that bargain hunters have been waiting for all year, but as Black Friday approaches , South Africa ns are being urged to remain vigilant to elevated fraud risks due to increased online activity.
Credit card fraud occurs when criminals make counterfeit cards using the information on the magnetic strip of a legitimate card. Finally, identity theft - perhaps the scariest of the lot - involves the use of personal information to commit credit fraud through stolen cards, driver’s licences, account numbers, user names and passwords. These are accessed through non-shredded documents or fishing scams, and information can be used to set up bank accounts, bill payments or make online transactions.
He says the solution is to take proactive steps to outsmart criminals. This includes taking note of every transaction that takes place online and offline.Review and assess your monthly account statements thoroughly to keep an eye on transactions.Check your browser’s navigation bar. Secure and legitimate websites start with https://Always check that you’ve received your card back after making a purchase.
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