- Associated Press - Friday, November 27, 2015

CONCORD, N.H. (AP) - With the Christmas shopping season underway, New Hampshire Attorney General Joseph Foster is warning consumers to remain guarded against credit card fraud, even as more secure credit card technologies become widespread.

New credit cards contain a small computer chip that creates a unique security code for transactions. The technology is more secure than traditional magnetic strip credit cards because stolen transaction numbers cannot be used again and the stolen card can’t be duplicated.

The cards aren’t swiped like a traditional magnetic strip card, but are inserted into a terminal slot that processes the transaction. Many stores are transitioning to the technology.

Foster says the computer chip cards provide a significantly higher level of consumer security by making it more difficult for scammers to use information stolen from in-store payment terminals. But the computer chip technology does not apply to out-of-store transactions and thieves can still use the card information to make fraudulent online and telephone purchases.

He advises that consumers using the new chip credit or debit cards to store them in a secure location when they’re not being used; destroy old cards; guard PIN numbers; check credit reports regularly; and report suspicious activity immediately

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