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Debit Card Fraud and How to Protect Yourself

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Whereas credit card fraud can be very damaging to your credit files, debit card fraud can actually be worse since your debit card is a direct link to your bank account. If your debit card is used fraudulently, the money lost may be much more difficult to recoup.

Theft of your debit card information can happen in a number of different ways. Someone can memorize your debit numbers any time you pull your card out to make an ATM withdrawal, or use a skimming device hidden on the card reader to capture your information. They can then use those debit numbers to perpetrate debit card fraud by either making a duplicate or simply making a fraudulent purchase online.

Debit cards also can be at risk online. If your computer or even the site you are on has been compromised by a virus or other type of malware, the debit card information you enter on your computer could be delivered right into the hands of thieves, putting you at great risk for credit card fraud. And you should never send your credit card, debit card or other personal information via email unless it is encrypted and being sent (and received) through a secure server.

PrivacyGuard offers many tools to help protect you from debit card fraud. The credit card registry can be used to store all of your debit card information in one secure location. In the event your debit cards are lost or stolen, just call PrivacyGuard to cancel your affected debit cards and request replacements. See details.

In addition, PrivacyGuard's internet fraud surveillance can scan the underground online black markets where compromised debit card information is traded and sold. Should PrivacyGuard discover you are at risk of debit card fraud on these sites, they send an alert to you, enabling you to potentially stop the thieves in their tracks. before they may have a chance to misuse your debit cards. See details.

You can try all of PrivacyGuard's debit card fraud protection, as well as all of its other credit and identity protection services, right now. Sign up today, and help secure your debit cards from fraud.

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