Analysts at cybersecurity firm Q6 estimate that the Russian hacker group All World Cards has posted on the darknet about 1 million credit cards issued in the United States and other countries around the world.
The source writes that the likelihood of information leakage specifically about your card is small, but it is worth knowing that there are ways to protect your funds from fraudsters. The first option is to block your credit report. At the same time, the fraudster cannot use your personal information to obtain a loan or open a loan, because a potential lender cannot verify your check your report to approve the application.
However, if you need to apply for a new loan, you need to temporarily cancel the freeze. Otherwise, according to the Federal Trade Commission, it will last until you remove it. In addition, you must ask every credit reporting company to freeze your credit report (the largest are Equifax, Experian, and TransUnion).
You can also use a short-term fraud alert that lasts for one year. On a fraudulent alert, a lender who wants to approve an application must first contact you to ensure that the request is not from a fraudster.
You only need to contact one lending institution to initiate a fraud alert, which in turn is legally obligated to pass your notice to others. Both options are free.
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