There are a lot of great rules out there that you should follow if you want to keep your credit card information safe. You should be mindful about the passwords you choose for important websites and watch out for skimmers at the gas station, but those aren’t the only ways you can keep your bank account from being drained by someone else.
Plenty of technology has been invented over the last few years that makes keeping your credit card information safe a lot easier. You just have to know what that tech is!
Here are a few technology tips that will help you keep your information from getting into the wrong hands.
Quality sellers understand the importance of the Payment Card Industry Data Security Standard (PCI DSS) and cardholder data (CHD), and they do what they can to follow those rules and protect your data.
“The CDH includes system components such as network devices, servers, computing devices, and applications.” Reciprocity elaborates by saying, “These can be security services, virtual components, network components, server types, applications, or anything connected to CDE.”
Before you give your private information away, make sure you check to see if the website uses these types of technological safeguards to protect your data.
Virtual Private Network
You can go nearly anywhere and be connected to the internet, but that doesn’t mean the internet is the same wherever you go. Unfortunately, free Wi-Fi isn’t very secure, which means you could be putting your credit card information at risk, especially if you make a purchase or access account information on the go.
A virtual private network (VPN) can help with that! Benefits include:
- Increasing privacy by creating a private network in a public place
- Ad and tracker blocking capabilities
- The ability to bypass geo-restrictions and ISP bandwidth throttling
Download a Digital Wallet
It is often the case that we feel safest doing things the way we’re used to. That’s the case when it comes to credit cards.
We think that if our credit card is in our wallet, it’s much safer than if we have a virtual card in a digital wallet. The fact is, digital wallets are actually safer than plastic.
Digital wallets use authentication, monitoring, and data encryption to ensure your information is secure. They even use operating systems that isolate individual apps from malware to keep the app even safer.
Pair that with the safeguards other companies use to keep your information safe during the transaction and it’s much better than swiping your card. After all, skimmers can easily copy card information and thieves can peek over your shoulder at your pin, not to mention what can happen if you lose your card!
Download a Mobile Banking App
If you haven’t already downloaded a mobile banking app, you should. It’s a great way to keep track of your finances.
A mobile banking app is definitely more convenient because it allows you to deposit money, move money between accounts, and pay bills, but it can actually keep your finances safer.
A mobile app allows you to check your account each and every day, allowing you to identify fraudulent activity quickly. You can catch problems before your entire bank account is drained and get the cash refunded to your account more quickly than if you waited until you receive your monthly statement.
Computer Privacy Screens
Sometimes the simplest solutions are also the best. A computer privacy screen is a great way to keep your private information private, especially if you find yourself in public places frequently or you don’t want coworkers sticking their noses where they don’t belong.