New York’s Data Breaches Exposed 22.8 Million Personal Records

According to a report from New York's Attorney General, 22.8 million private records of New Yorkers have been exposed due to data breaches over the last eight years. The data breaches were reported by over 3,000 businesses, nonprofit organizations and … Continue reading

Looters Steal Credit Cards, Valuables from Malaysia Airlines Victims

The crash site of Malaysia Airlines Flight 17 is now being looted by locals. According to reports, thieves have already taken credit cards, jewelry and cash from the victims. The horrific tragedy already cost the lives of 295 innocent victims. … Continue reading

LowCards Exclusive Study: Identity Theft Concerns Shifting Shopping Habits of Americans

Identity theft has become a major concern for the American consumer and is now having a significant impact on their shopping habits. These are the findings of an exclusive survey conducted on over 400 random individuals by LowCards.com.   Nearly 46% of … Continue reading

Understanding Your Credit Card Number

Do you know what the numbers mean on the front of your credit card? Are they just a random accumulation of numbers? Or do they serve a specific purpose? Much like the VIN on your car, credit card numbers are … Continue reading

Common Ways Thieves Steal Your Identity (And How You Can Prevent Them)

If you are worried about thieves trying to steal your identity, there are a variety of steps you can take to protect your personal data and critical information. There are a plethora of different technologies you can buy to keep … Continue reading

10 Things You Probably Didn’t Know About Identity Theft

Identity theft has become one of the biggest concerns for Americans. However, it is also one of the most misunderstood subjects among consumers. We are always looking for ways to protect ourselves from fraud. Credit card fraud or identity theft … Continue reading

AT&T Develops New Program to Help Prevent Credit Card Fraud

AT&T will pilot a new service that could help credit card companies prevent fraud. The program will let the credit card company know the current location of the accountholder based on the location of his or her phone. If that … Continue reading

Who Pays For Fraudulent Credit Card Transactions?

Credit card fraud is an issue that affects a number of different parties. Credit cardholders, banks, merchants and the scammer are all involved in a process that can take weeks or even months to fully resolve. The best way to … Continue reading

Teen Steals Credit Card to Rent $12 Million Vacation Home

A 19-year-old in California was charged with credit card fraud last week after he used a stolen card to rent a $12 million vacation home for $27,000. The teen also spent $13,000 renting a 2012 McLaren sports car worth $240,000. … Continue reading

Five New York Men Charged for Large-Scale Credit Card Scheme

Five men in New York are facing trial for aggravated identity theft and conspiracy to commit access device fraud stemming from a credit card scheme that spanned from April 2013 to April 2014. The five men in question bought the … Continue reading

Important Things To Do After Your Credit Card Number Is Stolen

Have you had your credit card stolen? Are you worried that someone might be using your identity to make purchases? This can be an intensely frustrating situation, but the first thing that you should do is stay calm. This will … Continue reading

BBB Warns of Text Message Credit Card Scam

The Better Business Bureau warned consumers last week of a new credit card scam spreading throughout the country via text message. The fraudulent messages tell customers that their cards have been deactivated and then prompts them to call a fake number … Continue reading

LifeLock Pulls Wallet App Due to Security Concerns

LifeLock has withdrawn its Wallet app from the market after concerns that it did not meet the Data Security Standard. The company has also deleted all user data from their system to prevent any future problems from arising. Todd Davis, CEO … Continue reading

Scammers Target UPS, FedEx Customers

Everywhere we turn, it seems scammers and thieves are at work to steal our personal information. Overnight shipping companies seem to be the latest industry to be targeted. One scam involves UPS. Criminals purchase merchandise with stolen credit cards. They … Continue reading

LowCards.com Weekly Credit Card Update–May 23, 2014

Microchips in our Passports and Credit Cards: Are They Safe? U.S. passports have them. And these days, many more U.S. credit cards are starting to carry them, too. The tiny plastic chips embedded in passports and credit cards are primarily … Continue reading

Retailers Launch Cyber Security Sharing Center to Boost Financial Security

The Retail Industry Leaders Association (RILA) has launched a new program to aid stores in preventing and detecting credit card data breaches. It's called the Retail Cyber Intelligence Sharing Center (R-CISC), and it could  be a very positive step for … Continue reading

Ten Ways To Prevent Identity Theft In 2014

There are always going to be people who try to steal your identity or credit cards. The key to protecting your critical financial and personal information is to be proactive in keeping them safe. While there are ways to limit … Continue reading

Mets Employee Accidentally Sends GM’s Credit Card Info to Press

A New York Mets staff member, trying to buy tickets to a Broadway play, accidentally emailed General Manager Sandy Alderson's credit card information to the team's New York press corps. The email included the card number, expiration date and security code. … Continue reading

WooThemes Warns Customers of Data Breach

WooThemes, a web design template provider, posted a notice on their website that warns of a potential data breach in their checkout process. Nearly 300 cases of fraud have already been reported. WooThemes does not store credit card information from … Continue reading

Thief Steals Credit Card from Police Officer–And Gets Away

If you are going to steal a credit card, you may not want to take one from a law enforcement officer. But that did not stop a drunk Johnny Anthony Cervantes. According to surveillance video, Cervantes took a female officer's … Continue reading

LowCards.com Weekly Credit Card Update–May 12, 2014

Target CEO Steps Aside After Massive Data Breach A Christmas-season cyberattack on Target's computer systems did more than expose massive amounts of customer credit card data to potential fraud. It also turned up the heat on deeper troubles that simmered … Continue reading

Card-Free ATMs Coming to Australia

Australian banks are taking a new spin on ATM technology by offering ATMs that do not require a debit or credit card. Within the coming months, cardholders across the continent will be able to pull money out of an ATM simply … Continue reading

New Law Protects Children from Identity Theft

Wisconsin took a major step in curbing identity theft with a new law that protect children's identities. Known as the Wisconsin Child Credit Protection Act, this law is designed to make sure that a child's information cannot be used to … Continue reading

PayPal Tests Smartwatch Payment Option at Starbucks

PayPal is testing a new wireless smartwatch system at Starbucks that identifies you to the barista when you enter the store and allows you to pay for purchases. The new pilot program is currently being tested at a Starbucks located … Continue reading

Turn “Off” Your Credit Cards to Prevent Fraud

Don't you wish you were able to turn off your credit cards when you don't need them so that no one else could use them? And then back on when you were ready to make a purchase? With OnDot CardControl, … Continue reading

Netflix Scam Threatens Credit Card Accounts

Identity thieves seem to get trickier by the day, and most recently, they have made targets out of Netflix users. Many users have compromised their credit card accounts by giving the hackers access to their computers. In the new scam, … Continue reading

Investigation Continues into Possible Credit Card Breach at California DMV

The California Department of Motor Vehicles continues to investigate a possible debit and credit card breach which may have taken place on online transactions between August 2013 and January 2014. The DMV believes that there may have been security problems … Continue reading

LowCards.com Weekly Credit Card Update–March 28, 2014

Why So Many Retail Stores Get Hacked for Credit Card Data When a big retailer gets hacked, it's often quick to note that it has complied with cybersecurity rules set by the credit card industry. MasterCard, Visa and other card … Continue reading

Negligent Healthcare Practices Put Your Identity at Risk

A new study indicates an astounding 43 percent of identity theft cases in 2013 were the result of medical identity theft. This occurs when criminals gain access to your medical files and use information to open accounts and make purchases. The … Continue reading

Your Child’s ID is a Big Target for Identity Thieves

Child identity theft can be a bigger problem than other forms of identity theft because it can go unnoticed for years. A recent Carnegie Mellon study found that 10.2% of children under the age of 18 had someone else using their Social … Continue reading

LowCards.com Weekly Credit Card Update–March 21, 2014

Consumers Not Powerless in Face of Credit Card Fraud Most card companies already have custom alerts and other features that not enough consumers use. Then there's something that all cards should have but most don't--an on/off switch accessible from a … Continue reading

Neiman Marcus Sued after Data Breach

An Illinois woman is suing Neiman Marcus as a result of the 2013 data hack. She is seeking money on behalf of the 350,000 customers whose lives were affected by this breach. "Neiman Marcus has placed the burden on aggrieved … Continue reading

Expiration Dates Dropped on Some Store Credit Cards

Some private-label credit cards, like those issued by Macy's, may be dropping their expiration dates in the coming years. Expiration dates on bank-issued credit cards are used for several reasons. Some issuers take this as an opportunity to review a … Continue reading

Simsbury Bank Credit Cardholders Target of Phishing Scam

A bank will never ask customers for their private information over the phone. That is one rule of thumb to help consumers guard against thieves trying to steal their financial assets. But thieves still try to use this ploy. A … Continue reading

Credit Card Fraud Investigation Turns into Pot Bust

The investigation of a counterfeit credit card operation in New Jersey quickly turned into a major pot bust. Police officers in Egg Harbor Township began tracking the case in January when a couple was suspected of placing a number of … Continue reading

This Credit Card May Be Safer Than Chip and PIN

Paul Berger, a professor of electrical and computer engineering at Ohio State University, is working on a credit card design that may slow down identity theft. His creation of a hardware encrypted credit card is said to be extremely secure, … Continue reading

MasterCard Working on Credit Card Security Tied to Smartphones

MasterCard is teaming up with mobile technology company Syniverse to provide heightened credit card security through smartphones. The group is working on a program that will only allow credit cards to work when they are in close proximity to the … Continue reading

LowCards.com Weekly Credit Card Update–February 28, 2014

Financial, Retail Industries Keep Cybersecurity Mistakes and Punishments Secret Even as cyberthreats grow in frequency and sophistication, the system for ensuring payment card security in the United States remains a closely guarded arrangement among the credit card networks who set … Continue reading

Customer Data Stolen in Hack Attack on Kickstarter

The popular funding site Kickstarter was recently a victim of cyber hacking, where cyber criminals obtained the usernames and passwords for many of the site's account holders. Fortunately, Kickstarter's security measures ensured that no credit card data was stolen during the … Continue reading

PayPal President Victim of Credit Card Skimming

PayPal President David Marcus recently tweeted that his credit card information was stolen during a trip to the U.K. The card was supposedly "skimmed" at the hotel where he was staying, and then used to make an array of purchases … Continue reading

Consumers Can Mask Credit Card Numbers with New App

A new app on the market known as Do Not Track Me allows cardholders to mask their credit card numbers when paying at the checkout counter. Doing so may effectively limit identity theft by blocking important information about an account. The … Continue reading

Credit Card Thief Tries to Eat the Evidence

A hotel receptionist in Manchester, England was recently convicted of selling his customers' credit card information after a police officer found him trying to eat the evidence. The officer noticed the man and thought he was trying to swallow drugs. … Continue reading

Prepaid Debit Cards Not Just for Unbanked Consumers

Prepaid debit cards are most often associated with unbanked consumers who use the cards to receive direct deposits or store their money securely. A surprising new study from Pew Charitable Trusts indicates that may not be the case anymore. According … Continue reading

Identity Fraud Continues to Skyrocket

Identity theft is happening all the time--literally. A new report by Javelin Strategy & Research shows that there was a new identity fraud victim nearly every two seconds in 2013. Last year, there were an estimated 13.1 million victims of identity … Continue reading

Target and Neiman Marcus Breaches Are Only the Beginning

After word spread about the Target credit card breach, most of us hoped the hack was some type of fluke. We weren't expecting another large retailer like Neiman Marcus to announce they had been hacked. Now, the Department of Homeland … Continue reading

Hackers Steal Card Data from Neiman Marcus Customers

Target is not the only retailer that suffered cyber security attacks over the holidays. On Saturday, Neiman Marcus reported that hackers have accessed the debit and credit card information of an undisclosed number of customers and made unauthorized purchases. The … Continue reading

LowCards.com Weekly Credit Card Update–January 10, 2014

Target: Up to 70 Million More Customers Were Hit by December Data Breach Target said Friday that the massive cyber attack it suffered during the height of the holiday shopping season may have affected an additional 70 million customers and … Continue reading

Target Breach Much Worse Than Reported

The news keeps getting worse for Target. Already the victim of one of the largest data breaches in history, the company disclosed this morning that certain personal information was compromised on up to 70 million shoppers during November and December. … Continue reading

Special Benefits of a Prepaid Card

Just about anyone can get a prepaid card, but many people believe they are only used as a gift or by people who cannot quality for a credit card. You may not realize some of the special benefits that prepaid … Continue reading