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In recent years, there has been a significant increase in cases of fraudulent activities with payment cards, despite the active counteraction to fraud by international payment systems and government security agencies. To do this, cybercriminals come up with new ways that, at first glance, do not cause any suspicion among victims. In this article we will try to answer the question: "How to protect a bank card from fraudsters?"
Nowadays, most people use bank cards, but few people suspect that they can get hooked by intruders at any time. In this case, we can talk about large amounts, so the issue of security is more relevant than ever. To protect yourself from the loss of funds from your account without a trace, you must strictly adhere to the following rules.
Attention! Some of the tips indicated in the article should be used at your own risk and knowledge. The author is not responsible for the failure of your plastic cards.
Reduce the likelihood of a card being compromised
A card is considered compromised when a bank or a payment system has been accurately identified or there is a suspicion that an attacker has learned its details, with which he can empty the card account (make an unauthorized write-off).
Reduce the likelihood of compromise by using one of the following methods:
Degauss the magnetic stripe (only for chip cards!). To do this, it is enough to bring an ordinary magnet to the magnetic stripe for just a few minutes, after which fraudsters will not be able to copy the information using skimming devices (more about skimming) or using mini-skimmers in stores.
It should also be understood that these days not all ATMs and terminals can read data from chip cards, so in some cases you will not be able to pay by card or withdraw money from it. But there are fewer and fewer such outdated devices.
Erase the CVV2 / CVC2 authentication code from the card. This is very easy to do, even with an ordinary needle or a clerical knife. It is also possible to paint over the code with a marker or display it with an alcohol-containing solution, so the fraudster, even if it is stolen, will not be able to use your funds, but only when paying online (or transferring). When paying for purchases in a store, this code is not required (do not confuse it with a PIN code).
However, there is one important nuance! Firstly, the card is the property of the bank, and secondly, in the absence of an authenticity code on the card, it becomes non-payment, according to the rules for using cards. But cashiers rarely pay attention to this, they don't look at the signature, which must be mandatory on the back of the card (by the way, do you put your signature on the card?).
Therefore, it is recommended to seal the opaque authenticity code with tape so that no one can spy on it (and in which case, the tape can be removed).
This is a very effective and recommended way, just do not forget to memorize or write down this secret code. Just do not keep the sheet with the code in your wallet, but hide it away in your house.
Prevent unauthorized use of the card by fraudsters
In order to protect yourself and your funds as much as possible, it is imperative to activate the 3-D Secure service (an additional step of authorizing card transactions). Now, to make an online payment, it will be necessary to enter a one-time password each time, which comes in an SMS message to the cardholder's phone number. Also, a special password can be indicated on the variable code card, and it will be requested every time you try to pay online. Banks are gradually abandoning such cards in favor of one-time passwords via SMS or special password generators.
This is one of the most effective methods to protect your bank card from fraud. To activate the 3-D Secure service, it is enough to contact the bank and write a corresponding application (it is possible to activate this service in the Internet bank). Fortunately, in many banks this service is activated by default, but it is better to clarify this in advance.
If your banking institution only offers static passwords, it is best to change them after each use.
Prevent the possibility of withdrawing funds even if the card is compromised
An excellent recommendation for those who like to shop in online stores (how to pay with a card on the Internet?) Is to get yourself a virtual card. Moreover, experts recommend not to keep funds on them all the time, but to replenish the account only immediately before the scheduled payment is made. After that, the balance of the virtual machine will again drop to zero. Even if fraudsters receive information about such a card (i.e., its compromise), they will not be able to cause you financial damage.
Today, virtual cards are issued by almost all banks, and they cost symbolically, and the benefits of using them are obvious - when using your permanent (for example, salary) card, there is a possibility of its compromise, which means that all (!) Money on your account will be in danger. For effective and safe use of virtual cards, Internet banking is required (for replenishment and balance control).
Also, experts advise to issue additional cards to your main one, or simply - budget dummy cards, which can be issued for free, for example, at Sberbank. Before payment, you can transfer a small amount to a card account (as is the case with a virtual machine) from your bank accounts, where you can already store your main capital.
So you can be sure of the safety of your funds.
Subscribe to SMS-notification service
By connecting the paid service of SMS-informing, you will know about all operations with your card account. This also applies to debiting and crediting funds to the account. Every time an SMS will be sent to our number, so if the card is used by other persons, you can immediately contact the bank and block it. Although the service is paid, it simply must be connected to each card!
Important: do not forget to turn off SMS-notification when you change your number, to which your card is "tied", so that its new owner could not use your money using the connected mobile banking service.
Increase the chance of challenging fraudulent card transactions
To do this, give preference to cards that have a chip (plastic only with a magnetic stripe is no longer available for security reasons). According to the rules of payment systems, if a financial transaction on a card that is equipped with a chip occurs using a magnetic stripe, responsibility for the operation is automatically transferred from the bank that issued the card to the bank whose services you used to pay or withdraw funds. Those. if the information from the magnetic stripe of your chip card was copied using a skimming device, then the probability of a refund is very high. Read how to get the money back illegally debited from the card?
Also, don't forget about the 3-D Secure service. Even if intruders gain access to the card, in most cases they simply will not be able to use the funds. If they still manage to do this and at the same time use online services that do not support 3-D Secure, this operation can be successfully challenged, and the illegally debited money must be returned to you. In this case, the responsibility lies on the shoulders of the acquiring bank.
Store your PIN like the apple of your eye
The PIN code to your card is the key to your money. And if your card was stolen with your wallet, and the pin code written on a piece of paper lay next to it, or even worse, was written on the plastic itself, then all your money will be withdrawn at any ATM. And most importantly, you will not return them, since you cannot prove to the bank that it was not you who took them off. As a general rule, do not store the pin next to the card. It is on the envelope in which you received your card, and you can always refresh your memory. But it is better to remember your PIN or write it down in the phone book of your cell phone in encrypted form.
When you enter your PIN code at an ATM or terminal (when paying for an item in a store), do not hesitate to cover your hand with your other hand. You can be watched not only by other people, but also by fraudulent video cameras. For example, if a skimming device is installed on an ATM (scammers use it to copy a given card to create a duplicate of it), then the only way to find out your pin is to spy on it with a camera.
Do not give in to provocations
To pay with a card on the Internet, it is not necessary to have it on hand, just find out its details. This is exactly what various swindlers and scammers are doing. Using social engineering methods (various psychological methods of influence), fraudsters lure card data, logins and passwords from payment accounts, e-mail and social networks in various ways. All of these illegal activities are called phishing. We highly recommend that you familiarize yourself with a detailed description of this fraud method so as not to fall for the bait of criminals.
But fetching data about your card can also be done in other ways. One of the most widespread and popular is fraud on Avito and other message boards. Here you can familiarize yourself with fraudulent sellers, and here are details about fraudulent buyers on eBay.
Now you know how to protect your bank card from fraudsters and secure your money. Familiarization with the rules for the safe use of plastic cards will further expand your horizons. We hope that the information you receive will help you become more vigilant and protect your bank card from fraudsters.
- 1. Reduce the likelihood of a card being compromised
- 2. Prevent unauthorized use of the card by fraudsters
- 3. Prevent the possibility of withdrawing funds even if the card is compromised
- 4. Activate SMS notification service
- 5. Increase the chance of challenging fraudulent card transactions
- 6. Store your PIN like the apple of your eye
- 7. Do not succumb to provocations
In recent years, there has been a significant increase in cases of fraudulent activities with payment cards, despite the active counteraction to fraud by international payment systems and government security agencies. To do this, cybercriminals come up with new ways that, at first glance, do not cause any suspicion among victims. In this article we will try to answer the question: "How to protect a bank card from fraudsters?"
Nowadays, most people use bank cards, but few people suspect that they can get hooked by intruders at any time. In this case, we can talk about large amounts, so the issue of security is more relevant than ever. To protect yourself from the loss of funds from your account without a trace, you must strictly adhere to the following rules.
Attention! Some of the tips indicated in the article should be used at your own risk and knowledge. The author is not responsible for the failure of your plastic cards.
Reduce the likelihood of a card being compromised
A card is considered compromised when a bank or a payment system has been accurately identified or there is a suspicion that an attacker has learned its details, with which he can empty the card account (make an unauthorized write-off).
Reduce the likelihood of compromise by using one of the following methods:
Degauss the magnetic stripe (only for chip cards!). To do this, it is enough to bring an ordinary magnet to the magnetic stripe for just a few minutes, after which fraudsters will not be able to copy the information using skimming devices (more about skimming) or using mini-skimmers in stores.
It should also be understood that these days not all ATMs and terminals can read data from chip cards, so in some cases you will not be able to pay by card or withdraw money from it. But there are fewer and fewer such outdated devices.
Erase the CVV2 / CVC2 authentication code from the card. This is very easy to do, even with an ordinary needle or a clerical knife. It is also possible to paint over the code with a marker or display it with an alcohol-containing solution, so the fraudster, even if it is stolen, will not be able to use your funds, but only when paying online (or transferring). When paying for purchases in a store, this code is not required (do not confuse it with a PIN code).
However, there is one important nuance! Firstly, the card is the property of the bank, and secondly, in the absence of an authenticity code on the card, it becomes non-payment, according to the rules for using cards. But cashiers rarely pay attention to this, they don't look at the signature, which must be mandatory on the back of the card (by the way, do you put your signature on the card?).
Therefore, it is recommended to seal the opaque authenticity code with tape so that no one can spy on it (and in which case, the tape can be removed).
This is a very effective and recommended way, just do not forget to memorize or write down this secret code. Just do not keep the sheet with the code in your wallet, but hide it away in your house.
Prevent unauthorized use of the card by fraudsters
In order to protect yourself and your funds as much as possible, it is imperative to activate the 3-D Secure service (an additional step of authorizing card transactions). Now, to make an online payment, it will be necessary to enter a one-time password each time, which comes in an SMS message to the cardholder's phone number. Also, a special password can be indicated on the variable code card, and it will be requested every time you try to pay online. Banks are gradually abandoning such cards in favor of one-time passwords via SMS or special password generators.
This is one of the most effective methods to protect your bank card from fraud. To activate the 3-D Secure service, it is enough to contact the bank and write a corresponding application (it is possible to activate this service in the Internet bank). Fortunately, in many banks this service is activated by default, but it is better to clarify this in advance.
If your banking institution only offers static passwords, it is best to change them after each use.
Prevent the possibility of withdrawing funds even if the card is compromised
An excellent recommendation for those who like to shop in online stores (how to pay with a card on the Internet?) Is to get yourself a virtual card. Moreover, experts recommend not to keep funds on them all the time, but to replenish the account only immediately before the scheduled payment is made. After that, the balance of the virtual machine will again drop to zero. Even if fraudsters receive information about such a card (i.e., its compromise), they will not be able to cause you financial damage.
Today, virtual cards are issued by almost all banks, and they cost symbolically, and the benefits of using them are obvious - when using your permanent (for example, salary) card, there is a possibility of its compromise, which means that all (!) Money on your account will be in danger. For effective and safe use of virtual cards, Internet banking is required (for replenishment and balance control).
Also, experts advise to issue additional cards to your main one, or simply - budget dummy cards, which can be issued for free, for example, at Sberbank. Before payment, you can transfer a small amount to a card account (as is the case with a virtual machine) from your bank accounts, where you can already store your main capital.
So you can be sure of the safety of your funds.
Subscribe to SMS-notification service
By connecting the paid service of SMS-informing, you will know about all operations with your card account. This also applies to debiting and crediting funds to the account. Every time an SMS will be sent to our number, so if the card is used by other persons, you can immediately contact the bank and block it. Although the service is paid, it simply must be connected to each card!
Important: do not forget to turn off SMS-notification when you change your number, to which your card is "tied", so that its new owner could not use your money using the connected mobile banking service.
Increase the chance of challenging fraudulent card transactions
To do this, give preference to cards that have a chip (plastic only with a magnetic stripe is no longer available for security reasons). According to the rules of payment systems, if a financial transaction on a card that is equipped with a chip occurs using a magnetic stripe, responsibility for the operation is automatically transferred from the bank that issued the card to the bank whose services you used to pay or withdraw funds. Those. if the information from the magnetic stripe of your chip card was copied using a skimming device, then the probability of a refund is very high. Read how to get the money back illegally debited from the card?
Also, don't forget about the 3-D Secure service. Even if intruders gain access to the card, in most cases they simply will not be able to use the funds. If they still manage to do this and at the same time use online services that do not support 3-D Secure, this operation can be successfully challenged, and the illegally debited money must be returned to you. In this case, the responsibility lies on the shoulders of the acquiring bank.
Store your PIN like the apple of your eye
The PIN code to your card is the key to your money. And if your card was stolen with your wallet, and the pin code written on a piece of paper lay next to it, or even worse, was written on the plastic itself, then all your money will be withdrawn at any ATM. And most importantly, you will not return them, since you cannot prove to the bank that it was not you who took them off. As a general rule, do not store the pin next to the card. It is on the envelope in which you received your card, and you can always refresh your memory. But it is better to remember your PIN or write it down in the phone book of your cell phone in encrypted form.
When you enter your PIN code at an ATM or terminal (when paying for an item in a store), do not hesitate to cover your hand with your other hand. You can be watched not only by other people, but also by fraudulent video cameras. For example, if a skimming device is installed on an ATM (scammers use it to copy a given card to create a duplicate of it), then the only way to find out your pin is to spy on it with a camera.
Do not give in to provocations
To pay with a card on the Internet, it is not necessary to have it on hand, just find out its details. This is exactly what various swindlers and scammers are doing. Using social engineering methods (various psychological methods of influence), fraudsters lure card data, logins and passwords from payment accounts, e-mail and social networks in various ways. All of these illegal activities are called phishing. We highly recommend that you familiarize yourself with a detailed description of this fraud method so as not to fall for the bait of criminals.
But fetching data about your card can also be done in other ways. One of the most widespread and popular is fraud on Avito and other message boards. Here you can familiarize yourself with fraudulent sellers, and here are details about fraudulent buyers on eBay.
Now you know how to protect your bank card from fraudsters and secure your money. Familiarization with the rules for the safe use of plastic cards will further expand your horizons. We hope that the information you receive will help you become more vigilant and protect your bank card from fraudsters.
