Our first priority following this incident has been to protect cardholders.We have been working closely with Target and financial institutions that issue payment cards in order to intensify the monitoring of potentially compromised accounts and minimize fraud.For past Olympic Games, just as with any high-profile sporting event, criminals have been known to sell counterfeit tickets. Information on authorized retailers can be found at the Sochi 2014 website.Paying with a Visa credit card can provide an extra layer of protection from fraudulent merchants and transactions.The subject of the email reads something along the lines of: “Acknowledgement of Order,” “Thank you for your order,” “Order Status,” “Order Confirmation,” or “Thank you for buying from [insert merchant name here].”In the body of the email, scammers will have embedded a link or attached a file for consumers to click on to access their “order confirmation” (e.g.“Open this link to see full information about your order.”) But, clicking on this link will infect the recipient’s device with malicious malware.
Consumers receive an email from a recognized brand like Target, Costco, Home Depot, or Walmart about a recent in-store or online order.
Keep an eye on customers who: explains, EMV chip cards have a tiny computer chip embedded in them that helps make them more secure from cyber hackers.
The chip securely stores payment data that currently reside on the magnetic stripe, and enables more secure processing by generating a one-time-use code for each transaction.
Whether masquerading as a computer company or bank, this brand of fraudster usually requests consumers to share sensitive personal information, such as social security numbers or payment card account details.
The most important thing to remember in these situations is to never give personal information to someone who calls you.