![]() Here are Schaffer’s smart tips for staying one step ahead of the game. Still, stolen information can mean emotional distress and financial anxiety as well as loss of time. Chip cards have brought increased security, and many credit card companies limit your liability for charges. “Fraudsters are always finding new ways to steal information and benefit from it,” says Paige Schaffer, President & COO of Global Identity & Digital Protection Services at Generali Global Assistance. In 2019, credit card new account fraud was up 88 percent from the year before, resulting in $135 million in losses, according to the Federal Trade Commission. But there’s a trade-off: the potential for crooks to steal and use your card number. ![]() Sure, paying with plastic is super-convenient, and it may even come with rewards like cash back or airline miles. ![]()
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