BANGALORE: For most people, a credit card is like a financial lifeline. Credit credits are small, easy to carry, accepted in most retail and dining establishments, and are often safer than carrying cash. However, now even carrying a credit card is not considered to be safe.

Credit card theft used to be limited to hands-on methods like wallet theft and purse snatching or observing credit card users to get their account numbers. Hackers now use computers to automate the process. Card holders must be extra alert to prevent their account numbers from being stolen, and they should know what to do if they are victimized despite their precautions.

Let’s have a look at some of the steps to be taken when someone hacks your credit card:

1. Call your credit card company

Credit card companies generally offer customers fraud monitoring services at no cost, and customers aren't on the hook for any fraudulent charges. Typically, the card issuer or the merchant is responsible for those costs. But don't wait for your Card Company or bank to call you.

This is the very first step to take. In some cases, your liability for fraudulent charges depends on how soon you report them to the bank. Besides that, the sooner you notify the bank, the quicker they can start working on your case and getting this resolved.