As the holiday season approaches, experts are warning consumers about a rise in credit card fraud. Al Pascual, CEO of Scamnetic, notes that this time of year often sees an increase in fraudulent activities as shoppers seek out deals for gifts. While searching for bargains, it's crucial for consumers to remain vigilant and consider the safety of their transactions. Criminals often set up fake websites that mimic legitimate retailers, making it easy for unsuspecting shoppers to fall victim to fraud. Pascual emphasizes that shopping at known merchants or using their official apps can significantly reduce the risk of fraud. He advises that fraudulent transactions can occur when personal information is entered on spoofed sites, leading to unauthorized charges on credit cards. For those considering shopping from unfamiliar merchants, Pascual recommends using a virtual credit card number. Many major credit card issuers offer this feature, allowing consumers to generate temporary card numbers for online purchases. This can help protect personal information and limit exposure to fraud. If consumers notice any unauthorized charges on their accounts, it is important to contact their bank immediately. Bank representatives will guide them through the next steps, which may include reaching out to the merchant involved. Pascual points out that merchants can sometimes provide additional information that can simplify the process of addressing fraudulent charges. It's important to note the differences between credit and debit card fraud. In cases of debit card fraud, consumers have a limited timeframe to report the unauthorized transaction to their bank. Failure to act within this period could result in significant financial liability. Therefore, consumers should remain aware of their rights and the necessary steps to take if they suspect fraud, ensuring their financial security during the holiday shopping season.