Although chip cards decrease our chances of being victimized by fraud, protecting your card data is still necessary. In 2013, two entirely fake ATMs were found in Brazil - both installed on top of existing machines. Skimmers and shimmers collect consumer card data - magstripe and chip - to sell on the dark web. The numbers from one stolen credit or debit card sells for $5 on the dark web. In fact, credit and debit card fraud racked up almost $28 billion in losses in 2018.
Losing your devices, or having them stolen, also presents risks of data loss. Mobile devices store personal data like passwords and account numbers. Thieves can easily gain access to this data if a device is lost or stolen - especially if unlocked.
Still, there are several ways to protect your device. For example, keep unused connections such as Bluetooth and Wifi turned off. Below, you can find more information on physical data theft and how to stay safe.
infographic by: www.computersciencedegreehub.com
