New way criminals are getting into your bank account and how to lock them out - News Summed Up

New way criminals are getting into your bank account and how to lock them out


Any account can be taken over by fraudsters, including bank, credit card, telephone, email and other services, Cifas warned. More than 50% of the facility takeovers recorded were carried out over the phone, typically to call centre staff. Some 88% of identity fraud was carried out online, compared with 30% of facility takeovers, the annual report found. How the criminals are getting accessCifas said the increase in facility takeovers was a sign that criminals were fooling individuals into revealing personal details in response to increased security for customer accounts. The proliferation of personal data that is available either online or through data breaches only makes this easier.


Source: Standard Digital May 10, 2017 09:33 UTC



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