Category: Credit Card Fraud

Credit Card Fraud (CCF) is a form of theft that occurs when someone uses another person’s credit card information without their permission to make unauthorized purchases or transactions. This type of fraud can happen in various ways, including the theft of physical cards, the interception of card information during online transactions, or through phishing scams where individuals are tricked into providing their credit card details. The rise of Internet commerce has made it easier for criminals to access sensitive information, leading to an increase in CCF cases.

To protect against CCF, it is essential for consumers to be vigilant and proactive. This includes regularly monitoring bank statements for any unauthorized transactions, using secure websites when shopping online, and being cautious about sharing personal information. Additionally, utilizing features such as two-factor authentication and setting up alerts for transactions can help detect fraudulent activity early. Awareness and education about the tactics used by fraudsters are crucial in safeguarding personal financial information and minimizing the risk of CCF.