What Credit Card Fraud Taught Me

 I love online shopping, and I have the shoes to prove it.

In addition to my shopping habit, I also travel abroad frequently and use my credit card for business. So protecting my credentials is crucial. I secure my PC, stick to reputable retailers and monitor my credit card account. And this generally has kept me safe, until just recently…

Just after Easter, I got the alert on my Outlook calendar that reminds me to review my credit card accounts—both for fraud and my own personal overspending. I checked my account and found that my card was used to purchase about €700 worth of goods in the Manchester, England. Here’s the problem: I haven’t been in the United Kingdom for more than a year and a half.

Immediately I called my bank. A representative connected me to a special fraud line. I identified all the suspicious charges and received a letter in which I had to verify under oath that I had not made these charges. In two weeks, all of the fraudulent charges were off my account. Nice.

However, the mystery lingers.  How was my card compromised?

This is where I should mention that in addition to being an avid shoe buyer, I am also a gamer.  I’ve been a member of the Sony PlayStation Network for a while. You probably know that PSN was hacked right before Easter time affecting up to 100 million people. However, I don’t believe I was one of those people as I wasn’t contacted by Sony.

I can’t think of the number of times I’ve handed my card to a waiter or salesperson for them to charge me—in addition to all of online stores and services that have had access to my credentials.

So here’s what I’ve decided to do to make sure I’m not a victim again: I’ve set my Outlook alert to remind me to check my account weekly instead of twice a month. I no longer let online retailers store my account information—and I’m looking into getting an extra online shopping credit card with a very low limit. When I’m abroad, I will be very selective where I use my card and cash will be king – again.

One unexpected consequence of this little drama is that my bank is now closely monitoring my account. Twice they’ve called me about suspicious purchases and both times I’ve had to say, “Yes, Big Brother. I did pay that much for those shoes.”

Have you ever had a similar experience? Do you have any hints that might help me figure out where I went wrong?


CC image by Andres Rueda

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collection of passport stamps

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