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Credit card users warned about importance of security

Wed, 03 Jan 2007

Credit card users have been urged to be more wary of security issues to prevent them being targeted by identity thieves.

Neil Munroe, spokesperson for credit history specialists Equifax, has pointed to recent research conducted by the company that suggests people may not be following financial security guidelines.

In the survey, he explained, many consumers were found to carry a number of documents around everyday that contained vital personal information, such as passports, national insurance cards and credit cards.

Moreover, he has highlighted another practice that could lead to people losing thousands of pounds as a result of fraud.

"We are advocating that people need to be a bit more circumspect when they go out," he said.

"Putting cards behind bars at social events.is an opportunity for transaction fraud to happen - I mean skimming and cloning."

Identity fraud is widely reported to be one of the fastest growing crimes in the UK.

The offence can take a wide variety of forms, from stealing handbags to setting up false banking websites encouraging people to transmit financial details over an unsecured internet connection.


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