Consumers are receiving phone calls from fraudsters claiming the consumer’s credit card has been compromised.
Financial institutions have reported an increased volume in these attacks and they are likely to remain as a fraudulent form of obtaining member data. Mass phone calls are commonly used by fraudsters to reach large audiences of potential victims.
Here’s how it works:
Phone calls are placed to consumers stating their credit card has been compromised. The consumer is then requested to input their credit card number. This allows a fraudster to capture a valid credit card number. Please note that Cabrillo Credit Union will never call you and ask that you input your credit card number.
If you suspect fraud, don’t give out your personal information. Your personal information is personal, so please keep it safe.