Cash or Card? Experts discuss the best ways to protect your info - 21 News Now, More Local News for Youngstown, Ohio -

Cash or Card? Experts discuss the best ways to protect your information

Posted: Updated:

YOUNGSTOWN, Ohio - It's a question you may hear every day: "Will you be paying with cash or card?" But following massive security breaches, like the ones at Target and Neiman Marcus, consumers are thinking twice before handing over their credit and debit cards.

And although paying in cash may seem like the best bet to protect yourself, some experts say the best line of defense is keeping up with technology.

"Things get done quicker, let's face it, in this technology driven world using debit cards and credit cards," said Victor Russell, Regional Operations Manager with Apprisen.

Russell also says credit is still one of the safest ways to make purchases because it has built in protections.

If stolen, the card's rightful owner is usually only responsible for the first $50 of fraudulent charges and banks will call their customers if they notice unusual spending.

Farmers National, like some other banks, offers free security software designed to catch information attacks that anti virus software might miss. A tool that helps keep their customers in pace with technology.

"That's where your exposure comes in when things aren't updated, when things aren't current that's when those vulnerabilities start to open up a little bit wider," said Farmers National Bank Information Security Officer Christopher Wentz.

But surprisingly, Russell says many consumers don't take simple steps to protect themselves. He says 55% don't check their credit card statements for inaccuracy's and 65% don't take advantage of free credit reports.

"It there is an issue with someone using your identify to obtain credit it's going to show up on that credit report right away, and that's going to be one of your first lines of defense," said Russell.

Russell says the only "true" free credit report is available at




  • More From wfmj.comMore>>

  • As US economy accelerates, Fed remains cautious

    As US economy accelerates, Fed remains cautious

    Thursday, July 31 2014 12:17 AM EDT2014-07-31 04:17:00 GMT
    After a dismal winter, the U.S. economy sprang back to life in the April-June quarter, growing at a fast 4 percent annual rate on the strength of higher consumer and business spending.More >>
    After a grim start to 2014, the U.S. economy has rebounded with vigor and should show renewed strength into next year.More >>
  • Deadly Israeli strikes hit UN school, market area

    Deadly Israeli strikes hit UN school, market area

    Wednesday, July 30 2014 8:26 PM EDT2014-07-31 00:26:47 GMT
    A Palestinian health official says 13 people were killed after tank shells hit a U.N. school in Gaza where hundreds of Palestinians had taken refuge from Israeli attacks.More >>
    Israeli artillery shells tore through the walls of a U.N. school crowded with sleeping war refugees and back-to-back explosions rocked a market filled with shoppers Wednesday as Israel's stepped up campaign against...More >>
  • Suing Obama: GOP-led House gives the go-ahead

    Suing Obama: GOP-led House gives the go-ahead

    Wednesday, July 30 2014 7:49 PM EDT2014-07-30 23:49:43 GMT
    Republicans are ready to muscle legislation through the House authorizing an election-year lawsuit against President Barack Obama that accuses him of exceeding his powers in enforcing his health care law.More >>
    A sharply divided House approved a Republican plan Wednesday to launch a campaign-season lawsuit against President Barack Obama, accusing him of exceeding the bounds of his constitutional authority. Obama and other...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 Worldnow and WFMJ. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms