Recently, after more than 4 months of investigation, the Economic Investigation Team of the Siming Branch of the Xiamen Public Security Bureau of Fujian Province eliminated a new type of credit card fraud gang. The seven criminal suspects led by him were all arrested, and a number of crime tools such as POS machines, computers, and mobile phones were seized.

So how should we prevent credit card fraud?

1. Choose a chip card

There are two types of bank cards commonly used by people: magnetic stripe cards and chip cards. The security technology of magnetic stripe cards is simple, and criminals can easily install a card reader on an ATM or POS machine to copy the cardholder's information and steal money; while chip cards are more secure and can store encrypted data. This kind of card is not easy to use. Compared with magnetic stripe cards, the risk of being copied is lower. Therefore, it is recommended that card users replace their magnetic stripe cards with chip cards as soon as possible to enhance card security.

2. Limit the amount of consumption

Set up your credit card to limit the number of daily purchases and the amount of each transaction to minimize possible losses. In addition, the amount and frequency of credit card online consumption, transfer and other services can also be set in a humanized manner to avoid potential theft risks and reduce losses.

3. Activate the payment reminder function

Cardholders can activate the SMS reminder service and regularly check personal consumption records to keep track of changes in funds in their credit card accounts to ensure that no abnormal consumption occurs. .

4. Personal account information is strictly confidential

Many cardholders may not know what the CVV2 code is. It is the last three digits of the signature on the back of the credit card. In fact, in many countries, credit card payments can be completed using these three digits. Therefore, cardholders must keep the CVV2 codes of all bank cards under their personal accounts strictly confidential, and do not show them to others easily, and do not easily enter the CVV2 codes for payment when making online purchases to avoid the risk of fraud.

5. Purchase insurance

The security of personal account funds not only depends on the prudence of one's own consumption behavior, but also should have sufficient backup force as a guarantee. Cardholders can make insurance according to their actual conditions. According to your needs, you should purchase personal account fund security insurance with the corresponding insurance amount in a timely manner. Once fraud occurs, you can stop the loss and make up for the loss in time. For example, the personal account fund security insurance of the People's Insurance Company of China has a relatively comprehensive coverage, including all bank cards, third-party payment accounts (mobile payment accounts such as WeChat and Alipay), and overseas foreign currency credit cards under the individual's name. Once they are stolen, , you can apply for compensation.

In short, cardholders should not only be familiar with the process of providing evidence after being swiped, but also learn to fundamentally reduce their own risk of being swiped, ensure the safety of personal account funds from multiple aspects, and try to avoid encounters Loss of money.