Did you know that 11% of PIN numbers in the US begin with 19**?
Identity theft and fraud affect millions of Americans every year. And depending on how much thought you put into your personalized PIN, you could be at a greater risk than you realized.
So what constitutes a safe PIN number? A new study lists the top 10 most-used PINs. And because they are the most commonly used PIN numbers, they are by default the least safe PINs.
The United States and Mexico are home to the greatest number of credit and debit card thefts around the globe. Forty-two percent of Americans say they have suffered from some form of card fraud.
The Department of Justice says that about 10 percent of all Americans suffer from credit card fraud each year and another 7 percent have their debit cards hacked or stolen. More than $5.5 billion in theft is attributed to credit card fraud each year.
The study says that credit and debit card thieves are able to successfully guess more than 25 percent of stolen card PINs within 20 attempts.
And no surprise: the worst PINs are those that are overly simple or sequenced, i.e. “1234.”
Take note that the best PIN numbers are those “with no special significance. The least used PIN is “8068.”
The 10 most-used PINs:
I would go to the bank and change mine right away. Don’t post your new PIN on Facebook either!