Hackers Steal 40 Million Credit Cards, Consumers Should Check Credit Reports

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Updated: 2/18/2009 5:00:27 PM

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(ARA) - In what has been called the largest credit card fraud bust in American history, 11 people were recently indicted for stealing up to 40 million credit card numbers. Could yours have been one of the stolen numbers?

The 11 defendants from around the world allegedly hacked into the computer systems of 9 major American retailers, including book stores, office supply stores and clothing stores. These credit card profiles have been for sale on the black market, resulting in a massive amount of fraud and identity theft.

Because of the scale of the theft, it is very possible your credit, and possibly even your identity, has been compromised. The number one way to detect identity theft is to check for errors on your credit report. If someone has been fraudulently using your identity, making charges and opening accounts in your name, it will show up on your credit report.

The Federal Trade Commission recommends you deter identity thieves by monitoring your financial accounts routinely and reporting ID theft as soon as you notice a problem. Checking your own credit report does not hurt your score.

Find out if you've been the victim of the latest wave of credit card thefts that have affected millions of Americans. Check your updated credit report and score now at GoFreeCredit.com and sign up for a free trial of their credit monitoring service to protect your identity. You'll be notified immediately if there are any fraud attempts on your credit file. Copyright ©, ARAnet, Inc.

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