One of the most detrimental financial situations you can find yourself in is when your credit card is hacked. Identity theft is one of the top complaints within our modern society. While you may think you’re not at risk, the reality of the situation is far more bleak. As some of the recent high-profile credit card hacks have told us, even when you shop at some of the most trusted retailers, your credit card information is always at risk. This is even more true when purchasing online. Due to the proliferation of computer viruses and malware, it seems there is a constant threat looming right over your shoulders.

While there are literally hundreds of tips you can follow to help reduce your risk of having your credit card hacked, there are several universal tips that are absolutely worth noting. This article delves into the most effective methods, as taught by the experts at Security Guard Training Central, so you can engage in to help avoid having your credit card hacked and your identity stolen.

Obtain a Replacement Card ASAP

If you feel that your security has been breached, even if you don’t have confirmation, immediately contact the issuer of your card and demand to have a replacement card with new numbers sent to you ASAP. Within this dangerous realm, it’s better to be safe than sorry.

Continuously Monitor Your Accounts

The most common reason why people have their financial lives ruined is because they weren’t diligent about checking their various financial accounts. As a general rule of thumb, you should monitor your online accounts at least once a day – if not at multiple times throughout the day. While there are alerts you can sign up for to notify you if there’s suspicious activity, says, the best way to safeguard your financial life is to remain diligent about your transactions. Should you spot something that looks strange, immediately contact your financial institution for more information.

Freeze Your Credit

If you believe your credit has been compromised, you should immediately contact each of the three credit agencies and request that your credit report be frozen until you deem it’s safe. When you freeze your credit report, new accounts cannot be opened without your direct approval. This is often recommended for those who are not planning on opening a new line of credit anytime soon. Why keep your credit report vulnerable when you’re not planning on using it? Whenever you’re ready to open a new credit account, you can simply call the credit bureaus and have the unfreeze your account. In the realm of keep your financial life safe, it’s better to be safe than sorry.