Data quality news
Insurance 'not enough' to protect against credit card fraud
- Sep 19 2008, 14:39 PM
Consumers have been warned that they should not simply rely on their insurance to protect them from credit card fraud and identity theft.
Rather, fool.co.uk has recommended that they adopt a more proactively preventative outlook - and the financial advice website has offered a number of tips to make this easier.
Specifically, fool.co.uk believes that while taking out identity theft insurance and credit card insurance is important, consumers can go a long way simply by being careful.
For instance, keeping cheque books separate from credit cards is vital, as is keeping your passport safely stored away while on vacation.
All documents with personal and financial details on them should be shredded - and fool.co.uk also suggests that letters which look "too good to be true" should be discarded, especially those which ask for your personal details.
Meanwhile, banks and finance organisations can use authentication software to reduce the risk of fraud.
A survey conducted by Paypoint which appeared in the Financial Times recently showed that the prevalence of credit card and identity fraud meant just three per cent of customers would trust a small brand enough to conduct an online transaction.
Beat Identity Fraud with QAS
Related articles...
-
Identity fraud can be beaten by ID cards, says government
- Jul 3 2009, 12:28 PM With identity fraud on the rise, the home secretary has spoken out about why he feels everyone should get behind the ID card scheme. -
Survey indicates Londoners most at risk from identity fraud
- Jul 3 2009, 12:27 PM A survey by Cifas - the UK's fraud prevention service, has found that London is a hotspot for identity fraud. -
Identity fraud expert explains the criminals' tricks
- Jul 2 2009, 11:54 AM Identity fraud comes mostly in two forms - account takeover fraud and new account fraud, explains an identity fraud expert. -
Government pushes forward with ID cards to combat identity verification fraud
- Jul 1 2009, 12:22 PM The government has announced that it is to extend the ID card scheme, designed to combat identity fraud and other serious crime, to a greater number of areas in the UK. -
Fewer under-18s in Scotland have identity authentication details on DNA database
- Jun 29 2009, 14:01 PM The number of Scottish youngsters who have their identity verification information on the DNA database is less than the number of Welsh and England under-18s.
For more news, you can also click on the category of your choice in the right hand menu.
support