'Simple steps' can prevent credit card fraud - Credit cards - News - Moneyfacts


'Simple steps' can prevent credit card fraud

'Simple steps' can prevent credit card fraud

Category: Credit cards

Updated: 31/10/2008
First Published: 10/10/2008

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Credit card customers have been advised to take extra care in order to avoid identity fraud.

Detective Sergeant Rob Vick, of West Mercia Constabulary's Economic Crime Unit, told the Malvern Gazette that simple steps can be taken to ensure protection.

These include keeping bank account and credit card details secure, as well as being sure to cover keypads when entering PIN numbers.

"It is also crucial to dispose of any documents containing personal information, including bank statements, in a secure way as they can be potentially useful to a fraudster," said DS Vick, noting that identity theft and fraud cost the UK economy around £2 billion last year.

Research by the UK's fraud prevention service, Cifas, recently found that credit and debit card scams have been increasing.

Phishing scams, whereby card details are obtained by fraudsters, have risen by nearly 60 per cent over the last year, the body found.

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

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