RALEIGH (WTVD) -- Attorney General Roy Cooper warns consumers who have recently gotten a new credit or debit card with EMV technology that they are still at risk for fraud.
Many banks, retailers, and credit card companies are transitioning to the EMV chip and getting rid of magnetic strips traditionally used on cards. Older cards generate the same transaction information with each use, so information can be stolen from credit cards swiped through payment machines that have been tampered with. Cards with the EMV chip protect personal information by creating a unique code for each transaction.
However, Cooper warns that there's no added protection if your card is lost of stolen. Scammers can still use the stolen card numbers to make illegal purchases online or over the phone.
Below are some tips to help prevent you from being scammed:
If you believe you have been a victim of scam, report it to the Consumer Protection Division by phone toll-free within North Carolina at 1-877-5-NO-SCAM or file a complaint online.