Paid Content by Provident State Bank – Credit Card Fraud

THIS SEGMENT OF DELMARVA LIFE IS BROUGHT TO YOU BY PROVIDENCE STATE BANK NOW EVER SENT SOME MORE SECURE TECHNOLOGY WAS PUT INTO CREDIT AND DEBIT CARDS I FIND MYSELF AT THE CHECKOUT LINE WONDERING IF I SHOULD SWIPE OR INSERT MY CARD IT SEEMS WHICHEVER ONE I END UP CHOOSING I WAS SUPPOSED TO DO THE OPPOSITE

WELL DESPITE THAT TECHNOLOGY CREDIT CARD FRAUD REMAINS A CONCERN FOR RETAILERS AND CONSUMERS EVERYWHERE CRIMINALS ARE NOT GIVING UP ON CREDIT CARD IF THEY ARE JUST CHANGING THEIR TACTICS AND THAT'S WHY YOU STILL NEED TO BE CAREFUL WITH YOUR CREDIT CARDS JENNIFER GIANTESS IBSA AND COMPLIANCE OFFICER PROVIDENCE STATE BANK AND JOINS US THIS AFTERNOON THANK YOU SO MUCH OK AND CREDIT CARD FRAUD IN A NUTSHELL WHAT IS IT IT'S THE UNAUTHORIZED USED OF A CREDIT CARD OR EVEN A DEBIT CARD WITHOUT YOUR WITHOUT YOUR KNOWLEDGE AND A LOT OF TIMES THEY GET THOSE CREDIT CARD NUMBERS FROM UNAUTHORIZED WEBSITES OR OTHER THEFT SCHEMES IS THIS A PRETTY WIDESPREAD FROM IT'S PRETTY WIDESPREAD YOU HAVE DIFFERENT SETH SUCH AS APPLICATION FRAUD OR EVEN SKIMMING DEVICES THEY WERE THEY PUT A DEVICE ON YOUR 8AM MACHINE READER OR THE GAS STATION EVEN THERE'S ALSO COUNTERFEIT LOST OR STOLEN WERE CREDIT CARDS AND DEBIT CARDS OR STOLEN THROUGH THE MAIL ONE THING THAT HAPPENS IT SEEMS TO HAPPEN A LOT OVER THE HOLIDAYS IS A COW TAKEOVER WHAT IS THAT CAN'T TAKE OVER AS WHEN THEY HAVE YOUR CREDIT CARD INFORMATION THEY CONTACT THE CARD ISSUER CHANGE YOUR CONTACT INFORMATION SO YOU DON'T GET THE ALERTS OR YOU DON'T GET THE STATEMENT AND WE'RE WE'RE BUSY DURING THAT TIME OF YEAR IT CAN GO UNDETECTED A LOT EASIER SHE'S OR SOMETHING WE CAN DO TO TRY TO AVOID THAT I DEFINITELY RECOMMEND MONITORING YOUR ACTIVITY ON YOUR CREDIT CARD AND DEBIT CARDS ON A REGULAR BASIS AND ALSO LOOK AT YOUR STATEMENTS VERY CLOSELY AND AS SOON AS YOU NOTED NOTICED SOMETHING THAT'S UNUSUAL CONTACT THE CARD ISSUER OR YOUR BANK IMMEDIATELY EVEN IF IT'S LIKE A LITTLE TINY NUMBER A DOLLAR SOMETIMES THEY'LL THOUGH DO A LITTLE NUMBER JUST TO TEST THE CARD OUT AND MAKE SURE THAT IT WORKS LIKE GETTING THEIR FOOT IN THE DOOR RIGHT OK SORRY THERE ARE SOME OTHER WAYS THAT WE CAN AVOID CREDIT CARD FRAUD DON'T USE YOUR CARD ON UNAUTHORIZED WEBSITES LOOK FOR THE LITTLE ICON AND ADDRESS BAR TO SHOW THAT IS SECURE IS THAT A PADLOCK THE LITTLE PADLOCK YEAH YEAH DON'T PURCHASED SINGS ON USING UNSOLICITED EMAILS OR SOCIAL MEDIA MESSAGES AND BE EXTRA CAUTIOUS WHEN YOU'RE MAKING PURCHASES OVERSEAS NOW YOU ADVISE PEOPLE TO MAKE PURCHASES WITH THEIR CREDIT CARDS AS OPPOSED THE CREDIT CARD IS MORE LIKE A ALONE WHERE ARE YOUR DEBIT CARD IS ATTACHED TO YOUR ACCOUNT BALANCE SURF THEY HAVE YOUR DEBIT CARD NUMBER THEY HAVE ACCESS TO THE BALANCE IN YOUR ACCOUNT AND MONEY THAT YOU'RE PLANNING ON USING TO PAY

YEAH BUT AGAIN IF EITHER ONE GETS COMPROMISED YOU SHOULD NOTIFY THE CARD ISSUER IMMEDIATELY AND IF YOU SEE SOMETHING SAY SOMETHING RIGHT ABSOLUTELY OK SO YOU KNOW CREDIT CARDS AND DEBIT CARDS ARE REALLY NICE THINGS TO HAVE I MEAN DESPITE THE CHANCELLOR FRAUD AND PROMINENT STATE BANK CAN HELP YOU OUT IF YOU WANT A CREDIT CARD YES WE OFFER MULTIPLE DIFFERENT TYPES OF CREDIT CARDS WERE ACTUALLY RUNNING SOME SPECIALS OR CREDIT CARDS RIGHT NOW SO I RECOMMEND LOOKING AT OUR WEBSITE AND APPLYING OR WON'T COME TO ONE OF OUR EIGHT LOCATIONS AND APPLY FOR A CREDIT CARD ALSO RECOMMEND GOING TO BE ABOUT A SECTION OF OUR WEBSITE CHECK OUT OUR PSP YOU IN THAT WAY YOU CAN LEARN HOW TO PICK A CREDIT CARD AS FINANCIALLY CORRECT FOR YOU PSB YOU PSP YOU IT'S OUR ONLINE EDUCATION PROGRAM I CAN'T TREAT EVERYBODY STATE BANK UNIVERSITY CHECK THAT OUT JUST BEFORE YOU BUY MY CHRISTMAS PRESENTS ALL RIGHT JENNIFER GIANT WITH PRIVATE IT STATE BANK THANK YOU WHERE ARE YOU HORTON INFORMATION'S