Apparently, we were one of the millions of recent card holders who had their data compromised during the recent Christmas shopping season.
We were lucky to have caught it in time and canceled the account. Sadly, I don’t get to the post office box as regularly as I should and even when I do, bills get set aside in the home office until I have time to sit down and deal with them. Both are bad habits that will now be radically altered as I take these events far more personally than I have in the past. In one respect, you feel somewhat helpless. Short of using cash for all purchases, or subscribing to one those identity theft software programs, I fear we’re not immune to being hacked: it’s a crime in this day and age that will continue to become more popular.
While the charges were removed from my responsibility,, we all end up paying the price for the losses absorbed by the credit card companies, banks and the establishments that accepted these payments. The thieves will almost always be one step ahead of technology and with most of these high value crimes being perpetrated from foreign countries, there is little US law enforcement can do as a deterrent.
The best advice is awareness, make each transaction with caution, and regularly check with your credit card company either online or through their automated phone system to review the charges placed on your account and take corrective action quickly should a charge not be recognized as one placed by you or other card holders in your household.
Dan Alexander is associate publisher of New Market Press and publisher and CEO of Denton Publications. He may be reached at firstname.lastname@example.org or email@example.com.