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Credit Card and Debt Statistics Database
by Scott Bilker
Scott Bilker is the author of the best-selling books, Talk Your Way Out of Credit Card Debt, Credit Card and Debt Management, and How to be more Credit Card and Debt Smart. He's also the founder of DebtSmart.com. More about and DebtSmart can be found in the online media kit.
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Credit Card Security

A new study of credit cards from 25 of the largest issuers found that many still fall short of protecting users from fraud. 56 percent of the 25 card issuers surveyed continue to require full Social Security numbers to help identify their customers, whether by phone, online or by mail. This is a risky practice that unnecessarily increases the customer's exposure to identity fraud. While more card issuers now offer consumers e-mail or telephone transaction-alerts to advise them of account activity, the number of participating card companies is still small--about 8 percent.
        Categories:  Credit Card Security,Identity Theft
        Reporting Pub:  PCWorld.com
        Reporting Date:  8/2/2007
        Article Title:  Credit Cards Ranked on Security as Fraud Fears Grow
        Article Author:  Todd R. Weiss
        Pub's Source:  Javelin Strategy & Research
        Source URL:  View details from source
 

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