Unauthorized card use, card never out of possession and never used online

[Remedios]

For cards that haven't been part of the breach, it's usually card number generator.

It's actually super easy, computer will try all possible permutations of card number/exp date/cvv. 

It's really not that hard especially since leading six numbers are IIN, followed by numbers unique to you with last number being Luhn check digit.  

It ain't that hard. If it was, it wouldn't be the fastest growing "business" on the planet. 

[Bob555]

Thanks, why is a debit card less secure than a credit card? 

[SouthJamaica]

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@DollyLama wrote:

I don't use a debit card, asked for one not to be issued-due to previous data breaches. So I use credit cards as a debit (plus the cash back rewards). What I like with mine, is I have it set up in alerts with the CC issuer for the lowest amount possible, and as soon as my card is swiped in my possession or I buy online, I receive a text message instantly, with amount and with whom. Sure, it may get compromised, but I would know sooner than my creditor.

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Excellent strategy.

[SouthJamaica]

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@Bob555 wrote:

Thanks, why is a debit card less secure than a credit card? 

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1. The laws protecting credit cards are better.

2. The credit card isn't linked to your bank account(s); the debit card is.

3.  Here's one of many articles on the subject: https://clark.com/personal-finance-credit/never-use-debit-card-pay/

[OmarGB9]

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@Bob555 wrote:

Thanks, why is a debit card less secure than a credit card? 

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Mainly because it's YOUR money in YOUR bank account at stake if there's fraud, versus the card issuer's "money" in the case of a credit card.

Also, depending on issuer, protections such as extended warranty, return protection, travel interruption, etc. 

[NoMoreE46]

That sucks OP.  Was it the Bilt card?  There have been many reports of hacked accounts even before account holders received their cards. 

[Kforce]

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@DollyLama wrote:

I don't use a debit card, asked for one not to be issued-due to previous data breaches. So I use credit cards as a debit (plus the cash back rewards). What I like with mine, is I have it set up in alerts with the CC issuer for the lowest amount possible, and as soon as my card is swiped in my possession or I buy online, I receive a text message instantly, with amount and with whom. Sure, it may get compromised, but I would know sooner than my creditor.

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Might work if you don't have a large family all running around spending money all day.

My phone's speaker would die from all the SMS notifications.     

[Bob555]

Nope, not a Bilt card.

[NoMoreE46]

Arrgh, just noticed that you said it was a debit card -sorry, my oversight. 

FYI, here's good read about the attacks on credit cards:

What is a BIN attack on a credit card? Understanding this type of credit card fraud - The Points Guy

[M_Smart007]

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@NoMoreE46 wrote:

That sucks OP.  Was it the Bilt card?  There have been many reports of hacked accounts even before account holders received their cards. 

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My propel card was hacked about two weeks ago, for the second time in less than 2 years.

The charge was declined ..I called WF right away to get a replacement card.

I hardly ever use the card. Mostly lives in a secure SD.