Brentwood Bay Community Police Office » Credit Card Connecting with our Community through our Community Mon, 14 Jan 2013 20:15:40 +0000 en hourly 1 Protect Yourself From Credit Card Fraud /?p=555 /?p=555#comments Thu, 29 Mar 2012 18:23:39 +0000 admin /?p=555

EB, one of our new  volunteers at the Brentwood Bay Community Office,  has researched the importance of protecting the ” secret” code we all have on our credit cards.  She has noted several important steps in protecting yourself from Credit Card Fraud and sourced her research and provided additional websites to learn more.  If you are near the Community Office on Sundays from 1-4pm you will usually find EB available for more information and tips on preventing crime.  Please drop by sometime and visit with her.    

The Three Digits Criminals Want!

Its technical name is the Card Verification Value 2 (CVV2), or Card Security Code. You will find it on all MasterCard and Visa cards beside the signature panel on the back of the card, or if you possess an American Express credit card, your four-digit number is on the front of the card.

 The following will assist in protecting your three digit number from fraud.

  1. What is the use of this three digit number?
  2. Why does it need to be protected?
  3. How can you avoid being a victim of fraud?

The three digit number is a fraud-prevention measure used by telephone, mail, and online (Internet) merchants to verify that a customer has a legitimate credit card when making a purchase. As such, it is extremely important to protect that number because it is the only thing that stands between you and a fraudster! Indeed all a criminal needs is the three digit number to validate a credit card and make an illegal purchase – at your expense. How can you avoid becoming a victim of fraud?

According to the Canadian Anti-Fraud Centre:

  1. If you didn’t make the call, never give out any personal information or data over the phone.
  2. If you’re concerned that you may already have been victimized by fraud, hang up and call your financial institution or credit card company.
  3. Similarly, never give out any personal data in response to an e-mail — that’s how “phishing” works. If you get an urgent and official looking e-mail from your bank or credit card company or some other well-known business requesting “additional” information or account verification information, DO NOT RESPOND!
  4. Always report fraud. Criminal operations only get shut down when authorities have enough information to stop them.

So, the three digits criminals want is the security number on your credit card (four digits for American Express holders, on the front) to make an illegal purchase on with your credit card. Protect your three digit number, and you will avoid becoming a victim of fraud by following the four steps above.

Thus we can learn to recognize fraud, report fraud, and participate in stopping fraud.

By U. (Eb) Volunteer
Brentwood Bay Community Police

Central Saanich Police


Additional resources on payment card fraud prevention:

Visit the RCMP’s “Scams and Fraud” webpage:   http/

Consult the websites of your credit card company, your financial institution or the Canadian Bankers Association


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