Take care at Christmas credit card customers urged - Credit cards - News | moneyfacts.co.uk

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Take care at Christmas credit card customers urged

Take care at Christmas credit card customers urged

Category: Credit cards

Updated: 26/11/2008
First Published: 25/11/2008

MONEYFACTS ARCHIVE
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 It is now over 6 months old so the content may be out of date.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 holders have been advised to take extra care in order to ensure their details are protected.

Fraud protection service Cifas has warned people not to let cards out of their sight, particularly as Christmas approaches.

The advice comes following Symantec research into the underground internet economy, which found that credit card and bank account details on sale could be worth as much as $5 billion (£3.3 billion).

Communications manager at Cifas Richard Hurley explained that safety tips become ever more relevant at this time of year.

"The extremes of Christmas jollity and stress make us even more vulnerable when making last minute purchases on the high street, shopping online, celebrating or just in our day to day lives," he said.

Suggested precautions include shielding pin numbers from people queuing behind and locking away personal documents, as well as carefully checking bank statements to ensure fraudulent transactions are spotted.

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 Any products featured may be withdrawn by their provider or changed at any time.

Close