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Jan 15, 2014

Can you live without credit cards?

Jan 15 (Reuters) – As more cyber thieves steal personal and
financial information, can you insulate yourself from the risk
of having your money and identity stolen by giving up credit and
debit cards?

Many consumers are rethinking their use of plastic after a
massive cyber attack on retailers such as Target Corp
and Neiman Marcus. For most Americans, living without credit and
debit cards seems inconceivable. But Brie Hoffman has tried it,
and mostly succeeded over the past six years.

Jan 14, 2014
Jan 14, 2014

Don’t get stuck abroad with wrong credit card

By Mitch Lipka

(Reuters) – Americans run into big problems when they travel outside the country because their credit cards are not high-tech enough and because some issuers charge high fees for foreign transactions.

In the wake of a large data breach at retailer Target Corp, you’re going to be hearing more and more about embedded chip technology used overseas, along with personal identification numbers for credit cards.

Jan 14, 2014

What Target customers should know about identity theft protection

Jan 14 (Reuters) – In the wake of a massive data breach that
affected up to 100 million shoppers over the holidays, Target
Corp has offered all of its customers – whether or not
they were directly affected – a year of free credit monitoring.
Is it an offer you should take?

Here are some questions and answers about what this sort of
protection does – and does not – do and what you should keep in
mind if you do sign up.

Jan 11, 2014
Jan 11, 2014
Jan 10, 2014

Factbox: How to deal with Target’s data breach

NEW YORK (Reuters) – The number of people affected by Target’s data breach during the holiday season is now expected to be least 70 million, up from the company’s original estimate of 40 million. That means many more people need to assess their credit and debit card security.

Late last year, Target reported that thieves stole cardholder names, card numbers and three-digit security codes between November 27 and December 15, and that information could be used at any point to commit fraud. Now the retailer says additional personal information was stolen, including email addresses and phone numbers.

Jan 10, 2014

How to deal with Target’s data breach

NEW YORK (Reuters) – The number of people affected by Target’s data breach during the holiday season is now expected to be least 70 million, up from the company’s original estimate of 40 million. That means many more people need to assess their credit and debit card security.

Late last year, Target reported that thieves stole cardholder names, card numbers and three-digit security codes between November 27 and December 15, and that information could be used at any point to commit fraud. Now the retailer says additional personal information was stolen, including email addresses and phone numbers.

Jan 8, 2014
Jan 8, 2014
    • About Mitch

      "Mitch Lipka is editor of TheConsumerChronicle.com and is a veteran consumer columnist, editor and reporter. Most recently, he led a 10-person consumer reporting team at AOL’s personal finance channel, WalletPop.com. He received the 2010 New York Press Club award for best consumer writing on the web and is the 2011 Best Friend honoree from Kids in Danger for his work covering child product safety. Mitch has been a reporter and editor for more than 25 years and has worked for The Philadelphia Inquirer, the South Florida Sun-Sentinel and Consumer Reports. The opinions expressed here are his own."
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