# Common credit card fraud methods and identification methods ## Common fraud methods **1. Phishing scam** -Impersonate a bank or merchant to send text messages/emails and induce them to click on the link to enter the fake website to enter the card information -Fake customer service calls to request credit card information or verification code **2. Card theft or copying** -Physical theft of credit cards -Use a card reader to install a number stealing device on a POS machine or ATM (commonly known as "pasting") **3. Internet fraud** -Use insecure websites to steal transaction data - Data breach leads to theft of credit card information **4. Identity theft** -Use other people's personal information to apply for a credit card ## Identify potential crime patterns **1. Personal precautions** -Check bills regularly and report suspicious transactions as soon as they are found -Turn on the credit card transaction reminder function -Note that the transaction amount is abnormal: the mode of trying out a small amount first and then spending a large amount. -Be wary of multiple consecutive transactions with unreasonable geographical locations **2. Abnormal signal** -Received a credit card that has not been applied for -There is an unknown transaction record on the bill -There is an unknown inquiry record in the credit report **3. Protection recommendations** -Do not click on suspicious links or provide credit card details - Use a secure website (https) for online transactions -Protect personal privacy when using credit cards in public places -Set complex passwords and change them regularly The most important thing to protect credit card security is to be vigilant and monitor account activity regularly.