10 Ways to Prevent Identity Theft When Traveling

Planning summer vacation has its headaches. But enjoying it can cause the migraine of identity theft. Being from out of town means being out of your element – and makes you more vulnerable to scams. Here’s how to protect yourself. Stick with one credit card. Tourists are easier prey for sleazy store clerks and restaurant employees who capture credit card numbers with cellphone cameras or pen and paper and then make fraudulent purchases. If not paying with cash when traveling, …

As Debit Card Theft Hits 20-Year High, How Safe Is Your ATM?

While breach-fatigued retailers work to reduce the theft of their customers’ plastic-payment data, scammers have turned their focus to stealing card details at the ATM. During the first four months of 2015, stealing debit card info at automated teller machines hit a 20-year high, reports credit score firm FICO, which also monitors roughly two-thirds of America’s debit cards. Compared with the same period in 2014, skimming attacks increased threefold at ATMs not located at banks and 174 percent at on-branch …

Why Your Kids Are Vulnerable to Identity Theft

Concerned about identity theft? Be even more concerned for the young children in your life. From cradle to college, kids under 18 are 51 times as likely to be victims of identity theft than their parents, according to a study by Carnegie Mellon University’s CyLab. This alarming statistic is based on a sampling of some 40,000 children — and 10 percent already had their Social Security numbers being used fraudulently. “There’s no process to double-check what name and birth date …

Hackers Guzzle Your Money via Starbucks Mobile App

Starbucks devotees, prepare for a jolt beyond what’s provided in those morning cappuccinos: Hackers are draining financial accounts of customers who use a Starbucks gift card or mobile app to pay for coffee. The (no latte pun intended) skinny on this scam: Thieves hack victims’ online Starbucks accounts, via the users’ weak and/or overused passwords or credential-stealing malware, to access linked payment accounts – credit and debit cards, PayPal and bank accounts. This allows them to add a new gift card, …

The Passcode to Hack Most Credit Card Readers

About 90 percent of checkout payment card readers, like those implicated in last year’s string of retailer data breaches, currently use the same password. Reason: The default setting hasn’t been changed – either by its manufacturer, middlemen vendors or retailer clients that purchase the devices. That’s the stunning conclusion after researchers from cybersecurity firm Trustware examined point-of-sale (POS) card readers at 120 retailers nationwide. “No one is changing the password when they set this up for the first time; everybody …

Spring Clean Your Identity Theft Risks

Spring cleaning should include more than decluttering your garage and closets. Take these simple steps to reduce your risks of identity theft: Shred — don’t just trash — unnecessary documents with your name, birth date, address, and account or Social Security numbers. Typically, bank deposit slips and ATM and credit card receipts should be shredded as soon as the transactions appear on statements, credit card statements within 45 days, and pay stubs and medical bills after one year. Never simply discard …