Late last week, I received an envelope from Citi, but I didn’t get around to opening it until just this morning. In it, I found two new Citi Dividend Platinum Select cards along with a note saying that our old cards would stop working on June 30, 2008. Here’s the text of the insert:
IMPORTANT SECURITY [...]

Posted in Credit Card News, Identity Theft 1 Comment »

I wrote the other day about the safety of RFID-based, “contactless” credit cards. In that piece, I cited another article that made a variety of claims about the security of these cards, including the fact that your data is encrypted prior to transmission.
As a followup, I just wanted to point out a NY Times article [...]

Posted in Credit Card Facts, Identity Theft No Comments »

Hmmm… This is interesting. Remember that guy from LifeLock that was running around daring people to steal his identity? Guess what? apparently someone did.
For those of you that are unaware, LifeLock is a service that promises to protect you from identity theft — in return for a monthly subscription fee. For the past two years, [...]

Posted in Credit Reports, Identity Theft No Comments »

I recently ran across an article talking about the advantages of “contactless” credit cards that transmit your account information via Radio-Frequency IDentication (RFID). While a lot of people are concerned about their account information being stolen from cards with embedded RFID chips, it seems that there are a number of security measures in place.
Here’s what [...]

Posted in Credit Card Facts, Identity Theft 2 Comments »

I recently learned that my personally identifying information (including my social security number) may have been compromised. While I’m hopeful that nothing bad will come of this, you can never be too careful when it comes to identity theft. Thus, I decided to place a fraud alert on my credit report (and on my wife’s, [...]

Posted in Credit Reports, Identity Theft 1 Comment »