Credit card fraudsters 'are moving online'
Credit card fraudsters have moved to online crime as a result of developments in credit card technology, protection group CPP has revealed.
Criminals are finding ways to sidestep advanced protection offered by chip and pin technology and are looking to the internet in their bid to steal credit card details, the group suggested.
CPP card fraud expert Sarah Blaney said the next obvious stop for fraudsters was online, due to the rise in people shopping over the internet.
But she pointed out a few ways for shoppers to protect themselves from credit card fraud: "A lot of sites that are shown to be fraudulent have got basic spelling errors and things like that, which you wouldn't expect from a normal retailer's site. If you think there is anything suspicious then just leave the site immediately," she advised.
According to CPP research, 26 per cent of people have been the victim of credit card crime at least once. Of those who have been targeted in the last two years, 17 per cent of victims lost their details through chip and pin fraud, compared to 32 per cent who were hit by online criminals.
Written by Marcus Jenkins ©
