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Question of the Day

Financial Pitfalls #9

What is the value of

a stolen credit card number?

www.ngpf.org Last updated: 10/23/17

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  • From McAfee Labs:

$5 for a U.S. Credit Card

  • The more data a data thief can get, the more valuable your information is. This information can include:
    • The 3-digit CVV number on the back of your card
    • Your mother’s maiden name
    • Your address
    • Card expiration date
    • PIN number
    • ...and more!

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Follow Up Questions

  1. How do you think data thieves obtain your personal information, including your credit card number?

  • Why do you think that the more data a data thief has about a particular person, the more valuable that information becomes?

  • Do you know someone who has had their identity stolen? What information did the data thief use? What issues came up as a result of the stolen information? How were the issues resolved?

  • What advice would you give to someone who wants to protect their information but doesn’t know where to start?