Credit Card Fraud Rises
This is a news story, published by Fox News, that relates primarily to Federal Trade Commission news.
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Don’t let this credit card fraud nightmare happen to you
66% Informative
Federal Trade Commission : 416,582 cases of credit card fraud were reported in 2024 .
Three in five cardholders have faced unauthorized charges — an estimated 128 million victims.
The typical unauthorized transaction is around $100 , which adds up to approximately $5 billion in criminal purchases each year .
Data breaches can also expose personal details like names, email addresses and phone numbers.
Use strong, unique passwords for your online accounts, especially those that store payment details.
Be cautious of unsolicited emails, texts or phone calls asking for your credit card information.
Use EMV chip technology when making in-person purchases, always use the chip reader instead of swiping your card.
VR Score
47
Informative language
34
Neutral language
35
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informal
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English
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48
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not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
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medium-lived
External references
28
Source diversity
7
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