RSS Feed

Credit Card Fraud

6 million Brits have been a victim of financial fraud

Over a third (34%) of Brits are worried about falling victim to fraud, according to new research. The poll also found that 12% of UK adults (5.9 million people) have already been a victim of a financial fraud, while one in ten said that at least one of their online accounts has been hacked.

How to avoid being a victim of card fraud

Card fraud is big business for crooks. According to Financial Fraud Action UK (FFA UK), fraud losses on payment cards (credit, debit, charge and ATM-only cards) totalled £567.5 million in 2015, an increase of 18% on the previous year. It accounted for three-quarters of financial fraud losses.

Illegal web trade of personal information soars to record highs

While people are getting better at taking steps to protect their personal information online, the volume of illegally traded information online is soaring with more than 110 million pieces of data bought and sold by criminals so far in 2014, according to research from Experian.

1 in 5 inhabitants of phantom addresses have failed a credit check because of where they live

As Halloween approaches, visiting a ghost house may be something many are keen to do in order to get a fright. However, for one in eight (16%) people in the UK, living at a phantom address is something they experience all too often.

Five signs you’re a victim of identity theft

More than 132,000 cases of identity-related fraud were recorded in the UK in 2013 – the equivalent of more than 350 people falling victim every day.

Brits not as savvy as they think when it comes to ID protection

A staggering four million people in the UK have already fallen victim to identity theft; the Experian Victims of Fraud team showed a massive (37%) year-on-year increase in the number of confirmed cases of fraud resolved in 2013 – yet, it appears that many Brits are still falling short of even the basics of online identity protection.

Don’t let ID fraudsters turn a dream holiday into a nightmare

With summertime in full swing and the school holidays starting, jetting off for a week of sun, sea and TLC is top of the to-do list right now for many Brits.

New statistics reveal increase in identity fraud

Analysis from Experian reveals a 37% year-on-year increase in confirmed fraud cases identified by the Experian Victims of Fraud service in 2013.

Card fraud increased in 2012

Card fraud within the Single Euro Payments Area (SEPA) increased in 2012 for the first time since 2008, driven mainly by higher internet fraud.

Telephone shoppers are putting their credit cards at risk of fraud

Many of us are putting ourselves at risk of fraud by reading credit and debit numbers out loud in public places, according to research commissioned by Semafone.

73% of Britons have experienced a fraud attempt

Nearly three quarters of the UK's population has experienced some type of fraud attempt, according to a survey by first direct.

Fraudsters pose as bank staff to ask pin over phone

New fraud intelligence demonstrates the extent of the rise of an audacious telephone-based deception targeting British credit and debit card holders.

Brits at risk of ID theft as laid-back attitudes leave us ‘logged in’

Brits at risk of ID theft as laid-back attitudes leave us ‘logged in’

UK consumers are the most likely in Europe to become victims of ID fraud and new research from ID fraud expert Equifax has revealed one of the key ways that Brits are putting themselves at risk.

UK at greatest risk of identity fraud in Europe

The UK is at the greatest risk of identity fraud throughout Europe, according to new independent research.

Banking industry police unit tops £400 million in fraud savings

Latest figures show that the Dedicated Cheque and Plastic Crime Unit (DCPCU) - the specialist police unit that tackles UK card and cheque fraud crime - has passed the £400 million mark in reduced fraud activity since its launch ten years ago.