A cashless society? Think again. Hackers can steal your Credit Card details in just 6 Seconds

We’re going through a big change after the government’s demonetisation move. Everything has its pros and cons. The bigger question here should be, “A change at the expense of people-- is that justified?”

Well, we’re not here to discuss demonetisation or how bad of a move it was. Rather, the effects of using your Credit card online (which is just basic retaliation from the move).

6 seconds & your card is hacked

Ever bought something online with your credit card, and thought you were safe? Reconsider, in light of the fact that it shows up it's never been less demanding for law breakers to nip your bank credentials.

New research from Newcastle University reveals just how easy it is for criminals to hack into an account without any of the card details whatsoever.

It's so easy that it can take a little as 6 seconds to discover your credit card number, the expiration date, and the 3-4 digit CVV (Card Verification Value) number using a laptop and an internet connection.

There's no compelling reason to let you know what an agony this is, yet I will in any case. You need to switch every single direct charging from the old card to a new card — and you perpetually overlook a couple which implies you get dinged with late fees. You likewise need to update each one of those online shopping sites where you have your credit card information stored. What's more, you need to check each of the three credit scoring sites to check whether the theft is bringing about you any waiting damage.

Visa Card

Visa said “the most important thing” for consumers to keep in mind is “that if their card number is used fraudulently, the cardholder is protected from liability.”
The company added that it works closely with card issues to make it “very difficult” to obtain cardholder data illegally and offers an extra layer of security called “Verified by Visa.”