Sigh. Another credit card hacked

[Lone Clone]

Six purchases from Amazon showed up today on one of Mrs. LC's credit cards, total in the neighborhood of $3,000.

Pain in the ass when this happens. At least we don't have any automatic regular charges on that particular card.

The down side of convenience rears its ugly head again.

 

[iavagabond]

I just received notice today that all the information from my background check (for a job with the Federal Government) was compromised.....along with many, many others. They are offering a free identity theft monitoring package though.

 

[unsubstantiated]

I just received notice today that all the information from my background check (for a job with the Federal Government) was compromised.....along with many, many others. They are offering a free identity theft monitoring package though.

I got the same notice. They were such pricks at the time. Sooooo careful about guarding against someone who is untrustworthy, sooooo afraid that someone was going to compromise THEIR information, then they allow mine to get hacked. Pricks.

 

[TJ8869]

Identity thieves have been installing credit card skimmers inside gas pumps in several states. Not sure if Iowa has been hit, but 7 different counties here in Ohio have. Just this week police found skimmers in pumps at two gas stations within 5 miles of my house. Supposedly it's a Cuban organized crime group that's doing it.

 

[TJ8869]

I got the same notice. They were such pricks at the time. Sooooo careful about guarding against someone who is untrustworthy, sooooo afraid that someone was going to compromise THEIR information, then they allow mine to get hacked. Pricks.

This aggression will not stand, man!

 

[Monzon]

Six purchases from Amazon showed up today on one of Mrs. LC's credit cards, total in the neighborhood of $3,000.

Pain in the ass when this happens. At least we don't have any automatic regular charges on that particular card.

The down side of convenience rears its ugly head again.

I recall someone ranting about how using credit cards was not more convenient, but really far more difficult, because it required tracking each purchase.

Who was that again???

 

[artradley]

I just received notice today that all the information from my background check (for a job with the Federal Government) was compromised.....along with many, many others. They are offering a free identity theft monitoring package though.

I get those notices, too. I assume they are marketing scams.

 

[markfromj]

Tokenization and digital wallets on the way to save us.

 

[Lone Clone]

I recall someone ranting about how using credit cards was not more convenient, but really far more difficult, because it required tracking each purchase.

Who was that again???

I don't recall that. I recall a poster here arguing that nobody should use credit cards. And I recall a poster making the bogus argument that it cost more money to buy something with a credit card than with cash or check.

But anybody who would say they aren't more convenient obviously has never used them. Unless he/she was talking about it from the point of view of the business rather than the consumer.

 

[gusto79]

Six purchases from Amazon showed up today on one of Mrs. LC's credit cards, total in the neighborhood of $3,000.

Pain in the ass when this happens. At least we don't have any automatic regular charges on that particular card.

The down side of convenience rears its ugly head again.

You been helping out random teens on Skype again?

 

[The Tradition]

Wife got a call from Home Depot last night. Someone called them trying to impersonate my wife and tried to put someone named "Linda Dawson" as an authorized user on our Home Depot store card. This person had ALL of my wife's information correct except for the phone number. Home Depot became suspicious and thankfully called our phone number to verify.

Now we're putting a credit freeze on every account we have. Freaking scum-sucking scammers.

 

[hawkifann]

Tokenization and digital wallets on the way to save us.

Tokenization is farther away than some would like us to think.

 

[markfromj]

Tokenization is farther away than some would like us to think.

The major credit card networks have been tokenizing accounts in digital wallets since October 2014 (Apple Pay). Also, the recent mandate of EMV chips in cards will help a lot.

 

[Lone Clone]

You been helping out random teens on Skype again?

Not sure I understand that comment, although I suspect it was not intended as praise.

 

[hawkifann]

The major credit card networks have been tokenizing accounts in digital wallets since October 2014 (Apple Pay). Also, the recent mandate of EMV chips in cards will help a lot.

I was talking about tokenization in terms of anonymizing data to allow sharing of account information across financial institution, not so much on the payment side. You're right, this context of tokenization does help and I love using ApplePay. They need to improve the user experience with the EMV chips -- I could write checks faster than some of these chip readers can process my transaction.