Businesses which handle credit card transactions may be interested in a new initiative from RSA, formerly Royal Sun and Alliance, which protects clients' data from being used fraudulently.
Credit card-related identity theft led to £609.9 million worth of business losses in 2008, up 14 per cent on 2007, according to research by the Association of Payment Clearing Services.
The new RSA package implements effective access control measures for protecting client's details while complying with Payment Card Industry regulations.
Also included in the service are workshops, consultancy and on-site assessments.
Des Cross, retail director at RSA, said: "The threat of security attacks on [retailers'] computer systems leading to the abuse of customer data is yet another growing worry for them and could prove costly to their reputation."
Recent research carried out for National Identity Fraud Prevention Week showed that credit card fraud in Huddersfield has risen by 50 per cent in the last year, according to the Huddersfield Examiner.
| credit card news |
|---|
| Late credit card payments growing - Wed, 21 Jul 2010 |
| Halifax credit card may not be right for everyone - Fri, 09 Jul 2010 |
| Credit card provider reveals parents hit by summer holiday premiums - Mon, 05 Jul 2010 |
| More News |
Simplyhealth Dental Plan
Affordable cover from only £7.50 per month. Join now and get first month FREE
Income Protection Insurance
Get an instant quote with the award winning company
Amex Cash Back
Credit Card
Credit Card
Get 5% cash back on purchases with Amex
RSA launches credit card fraud protection for businesses
Fri, 15 May 2009
Recommended links
Compare credit card offersCredit card advice
Credit card tips
What is payment protection insurance?
Credit card search
Best credit card rates
Fraudsters publish credit card details online
Debit and credit card holders urged to fight fraud
Abbey launches new credit card
Government mulls credit card cheque ban
Reclaim unfair credit card charges
news content
Search
