DIM-04 Bank Card Risks and Prevention

Today, we carry ‘cards’ for many purposes. We may have a VISA or MasterCard card linked to our bank, a SASSA card for social grants, or other specific transaction cards. To what extent are we at risk if a card is stolen? Is there enough information on the card for it to be used without further controls?

What are the risks faced in terms of using bank cards and how can we minimise or mitigate those risks? How do we secure our bank cards and ensure they cannot be used by others?