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According to the survey results, young people are more inclined to share their credit card number with their mobile provider. Should people in general be more restrictive about this?
“It’s important to remember that credit card numbers are sensitive information that should only be shared with companies or websites you trust. Hackers frequently go after websites and accounts that can expose large amounts of credit cards. If obtained, they often sell the credit card information to others, create a counterfeit card, or buy items that can easily be resold,” says Mujanic.
How can I better detect and protect against credit card fraud?
“Firstly, I would advise to always closely monitor your bank and credit accounts, as you’ll be able to swiftly react to any charges or bills paid that you didn’t make or authorise. Secondly, don’t register any credit card information before you’ve performed a background check of the company or the website. Also, see if your credit card vendor has apps that can be configured to send a message every time the card is used. That can be a useful fraud detector.”
The study also finds that people are more willing to share personal data when a security purpose is stated, like sharing facial recognition data. How do you interpret this in light of current cybersecurity trends?
“Hopefully this indicates that people are becoming more aware of the importance of security and how security threats may affect them, which is very positive. Security-aware people play a crucial part in building up cyber resiliency. However, people need to be aware that biometric data like facial recognition also is vulnerable to hacking, as hackers are finding new ways to spoof the system. Also, since your biometric features are permanent, so is the damage in the case of a hack. As opposed to a breached password, there is no reset button to recreate a new biometric feature,” Ottis explains.