Cabel Sasser:

So, I got a call from the 1-800 number on the back of my ATM Card: Wells Fargo. I answered, and a Fraud Department agent said my ATM card had just been used at a Target in Minnesota, was I on vacation? Ugh.

So the card-replacement dance began. “Is the card in your possession?” It was. The agent asked for the CVV code to verify I had it. After verifying, he offered to expedite a replacement. First he had to read some disclosures. Then he asked me to key in a new PIN.

Scary thread from Sasser, co-founder of Panic Inc. Big lesson is if someone calls you, call them back at the company’s official number to verify.

Or do what I do – just never answer the phone.