The fastest growing crime in India- Identity theft is increasing- don't be the next victim. Do you know if one knows your credit card #, Expiry date & CVV #, he can make internet purchases on your name?
Additionally, lot many credit card companies are now making it mandatory for you to register their card and when you register the card, you have to do it with an additional security feature of Password. So even if you have given the CV No, you will have to again authenticate the purchase by inputting the Password.
it can be horrifying
ID theft happens because people make it easy and give away info easily. Many time u get an email from a address which looks EXACTLY like a visa or a legit credit card company address but it has a slight variation. It will be "Sir we are doing update maintenance (or some reason) please login with u r credit card number , etc, etc on this site"..... and will redirect u to a site which look EXACTLY the same but the URL will be a BIT different
Mail trying to fraud: mail will be email@example.com etc, but NEVER almost firstname.lastname@example.org for example....or u can use redirects thru malware and get hold of legit ID (VERY few cases happens). Site redirects will b in the tune of Please log in with your details here:
www.visa-cards.com/ wheras the "genuine" visa site may b (for examples sake) www.visacards.com. Frauds can be www.v.isacards.com etc etc...the change will be subtle but noticable if u r not a jackrabbit in hitting "click" :) And once you DO click, ...more
What a loss !