Essay on Why Should You Worry About Credit Card Fraud At The Pump?
Today I would like to address the dangers of credit card skimmers at gas pumps for those of you that are credit card users. In this speech I would like to talk about the problems and solutions associated with credit card skimmers at gas pumps. Being able to pay by credit or debit card at the gas station is a nice convenience. But when you swipe your card at the pump, you actually may be handing crooks what they need to steal money from your bank account at an ATM or go on a spending spree on your dime (consumerreports.org). Many of you are aware of Credit card skimmers that thieves install where you swipe your card to pay at the pump that can copy the account data from the magnetic stripe on the back of your card, along with your PIN if you type that in for a debit card transaction this is done without your knowledge. I want to create awareness to you all about understanding the evolving nature of credit card fraud at the pump and what to do in order to take the necessary steps to protect yourselves. V. Preview of the main points
Transition to the first main point First, I would like to talk about the dangers of credit card skimmers at gas pumps for credit card users. What crooks prize most is capturing debit card data complete with PINs so they can make counterfeit cards to withdraw cash from your account at ATMs.
Skimming is a method by which thieves steal your credit card information.