Heads up: New credit card fraud alert

That’s just nonsense—it simply isn't possible

With credit cards featuring RFID chips—which are likely designed for contactless payments—it’s probably doable. I haven't really seen those types of cards used much here yet. In the States, we typically use chips that require you to actually insert the card into the reader—kind of like how you'd use an old-school payphone card—so there's no risk of radio waves broadcasting your info into space.🙂

I assume Americans use them just to make shopping a total breeze; you basically just wave the card and you're done.🙂 If I had one of those, I’d just drill a tiny hole through it—taking care not to mess up the magnetic stripe or the embossed numbers, of course—and then the problem would be solved!

True, because apparently some developers just recycle the same basic algorithms... Sure, you can skim a magnetic strip or even a chip card, but all you're getting is whatever data happens to be sitting on there. You’d still need actual cryptography to make sense of those zeros and ones—to figure out what they actually represent. And you think you can just pull a password out of thin air like that? Not happening. To get a password, you'd need an insider to hand it over. You might clone a card, sure, but it's all based on the same ISO standards.

It’s not that deep, really... though I'm assuming the bank will end up covering all your losses from the theft anyway. I mean, you are their customer, right? At least that's how things work in most other countries... hopefully, we can get that same level of protection here in the States soon.

I don't fall for those calls... even though my phone shows the caller ID, I just tell them I'll head down to Chase and handle the issue in person... 🙂

Honestly, banks really ought to be sending out formal notices to all their customers about this stuff... because the folks who actually show up here at the branch usually already know what's going on 98% of the time, though I suppose there's always those rare exceptions that keep things interesting.
There’s also some new development regarding website security that I caught while browsing an American tech forum recently, but I can't seem to track down the specific thread right now...
Once I manage to dig it up, I'll post it here.

I find myself quite relieved by the fact that I don't rely on credit cards for my daily transactions.

Michelle Turner2 said:I find myself quite relieved by the fact that I don't rely on credit cards for my daily transactions.

Honestly, Milo, I think it's great that you aren't using cards either...

Honestly, they’re lucky they even have access to those standard debit cards linked to their checking accounts now 😉
...

I suppose I'll just drive everyone deep into the red until they're more than happy to perform oral sex on me
zato ja ućeram sve u minuščicu do daske i mogu mi vršit felatio 🙂

Someone called my sister the other night too. It felt like they were just trying to drain her foreign currency accounts or something. She wouldn't even give the guy the time of day and just hung up on him, but then she went into the bank the next morning and they actually asked if she’d used a specific ATM. (We're talking about the area around Cleveland, by the way.) She told them yeah, she had, and then the bank went ahead and froze her card indefinitely until they can issue her a new one.

Richard Lewis16 said:Honestly, banks really ought to be sending out formal notices to all their customers about this stuff... because the folks who actually show up here at the branch usually already know what's going on 98% of the time, though I suppose there's always those rare exceptions that keep things interesting.
There’s also some new development regarding website security that I caught while browsing an American tech forum recently, but I can't seem to track down the specific thread right now...
Once I manage to dig it up, I'll post it here.

I'm with you 100%. To add to that, this is definitely a job for the FBI. I wonder if anyone has filed an official report yet? It would have to be someone who’s unfortunately already been targeted by one of these scams.

The real question is just how much we can pull off over here
anyway, for everyone following this thread, you really need to check this out 😉
it’s exactly the kind of thing we should be filming back home in the States

Richard Lewis16 said:The real question is just how much we can pull off over here
anyway, for everyone following this thread, you really need to check this out 😉
it’s exactly the kind of thing we should be filming back home in the States

It's incredibly well done and actually quite educational...

Especially for those who are still finding their footing online...