Read this report from Inquirer about credit cards selling in the Internet for low as 10 cents (about P5 pesos)! But it was reported that fraudsters is raking money out of it!
Worst case is that if your credit card was used for illegal purposes. You can be held accountable for it since its your data that will reflect!
So check the sites you are visiting and make sure the website is trustworthy and secure. The extra ’s’ in “https://” stands for security. Do not divulge personal information, not even the card number unless important.
Better yet, make use of your credit for certain purposes only. That way, you can put a trait of your credit card and you can easily spot if your card was used by others. Say you use it strictly only for grocery and a fraudster used it to buy a Digital SLR over the Internet.
In this age of technology anybody can do anything to do illegal. An ounce of protection is better than a ton of cure.
