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An online shopping/travel site you used is hacked, the hackers use your credit card. What is your position now ?
by zaphirplane 8y ago
An online shopping/travel site you used is hacked, the hackers use your credit card. What is your position now ?
- assblaster 8y agoCredit card charge back, identify culprits, prosecute. Write off any actual monetary loss.
- ineedasername 8y agoThe government steps in here and limits the liability that can be placed on the consumer. I think it's $50. The rest is on the credit card company. Strong incentive for credit card companies to have strong anti fraud units.
- hermitdev 8y agoSay you used your debit card instead of credit card, you are now 100% liable in the US, to the best of my knowledge, up to the point you or the credit card company identify the fraudulent activity.
- ineedasername 8y agoFor debit cards the EFTA offers protection: $50 maximum liability if reported within 2 days, $500 if reported with 60 days. After that it's unlimited, unless your bank offers some type of protection.