Guard against Identity Theft and Fraud

Identity theft and card fraud are growing rapidly and costing consumers and issuers billions of dollars annually. Fraud can result from having your credit card stolen, identity theft, card skimming, counterfeit cards and online frauds such as phishing and pharming. According to the FTC nearly 10 million people a year fall victims to identity theft - add those affected by card fraud and 1 in 20 Americans suffer from identity theft or card fraud every year.

To protect yourself in this environment you need a good dose of street smarts as well as knowledge of what the guidelines and regulations protecting the consumer are. merchants, banks and other institutions have a large role in protecting data and preventing identity theft and card fraud. with the crooks continuously updating their bags of tricks, everyone must be on top of their game.