Sunday, March 25, 2007

Gift card float fraud scheme

Customer data stolen from TJ Maxx had been in use in what the investigators call the gift card float scheme. See details here. Some of the things that you should do are 1) always verify your purchases either manually or using a tool like Intuit Quicken or MS Money, 2) notify your card company right away, and invalidate the card, and 3) set up alert on your credit report through. You can get information on all these through your bank. And many banks offer this for free to their clients.

3/25/2007 09:17:00 AM