The frequency of bank fraud is at an all time high. Even with security measures in place, it is actually quite easy for someone to steal bank card information and wipe out accounts. There are some obvious ways to protect accounts, but preparation and education offer the best defense.

Spotting Fraudulent Charges

Check bank accounts on-line every day. Most banks allow this at no charge. If any suspicious activity is spotted, report it immediately. If fraud has been committed, cancel existing debit or ATM cards right away and order new ones. Keep in mind that most bank debit cards can be used as credit cards and even though the money comes out of a checking account, thieves don't need to know the PIN to use the card.