“Chip” credit cards aren’t as safe as you think

The FBI suggests using a PIN to verify purchases

SPRINGFIELD, Mass. (WWLP) – The chip on your credit card is still vulnerable to fraud, so the FBI is urging you to be careful when using your card.

Even though you’re using a newer, safer, “chip” credit card, hackers still have a way to steal your personal information. While the new credit cards do enhance security, they don’t guarantee protection.

It’s not your card that puts you at risk, it’s actually the terminal in which you insert the card. If the terminal has been compromised, so has your personal information.

The new microchip cards offer a unique code that helps authenticate each purchase, but your information can still be hacked if the company you’re shopping with has been compromised.

Sam McGloyn of Northeast IT told 22News it’s important for companies to stay up to date on their software, which can eliminate fraud for customers. “A hacker can still gather that information still, make a fake card with, even though the chip is supposed to prevent that.”

Aleksandra Wrobel of Agawam said she doesn’t feel the chip gives her additional security and finds the chip adds more time during checkout. “I don’t feel any safer. Every day you hear about someone putting the little machines at the gas station or even the ones here.”

The FBI suggests using a PIN to verify purchases. If you have a credit card that doesn’t require you to enter a PIN, you can call the bank and request one.

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