Sagittarius
08-02-2014, 07:38 AM
Here is part of an email received today from a Data Protection Agency and I think it contains information that is useful to keep in mind and which we may need reminding of.
What counts as card fraud? It is unauthorised activity on three separate types of payment cards - debit, credit and prepaid. The levels of this kind of fraud vary based on country and payment type. The study found that the United Arab Emirates has the highest rate of fraud overall at 44%, followed by China at 42%, and India and the US at 41% each. Infosecurity previously reported that in Europe, the UK suffers the most.
Victims of card fraud are taking action themselves, with the survey highlighting that 23% of consumers changed financial institutions after experiencing fraud.
We've got some advice direct from Experian on how to keep your financial valuables safe:
Always shred financial documentation after use - especially your bank statement/ credit card statement, which will have your full name, address, account number and even your balance and overdraft limit.
Keep your card safe - the security code on the back of your cards are designed to prove you are in possession of the card when you buy online or by mail or telephone order. Never share this code and make sure any sites you use are encrypted (indicated by a padlock symbol).
Be mindful of what is on your mobile phone - smart phones can hold lots of information, including passwords to online accounts and apps, contacts and other personal information.
Check your wallet or handbag - it's always a good idea to empty out the contents of your purse and wallet on a regular basis and check what you're carrying around. Documents such as bills and medical prescriptions all contain personally-identifiable information, so if you don't need it every day, get rid of it.
What counts as card fraud? It is unauthorised activity on three separate types of payment cards - debit, credit and prepaid. The levels of this kind of fraud vary based on country and payment type. The study found that the United Arab Emirates has the highest rate of fraud overall at 44%, followed by China at 42%, and India and the US at 41% each. Infosecurity previously reported that in Europe, the UK suffers the most.
Victims of card fraud are taking action themselves, with the survey highlighting that 23% of consumers changed financial institutions after experiencing fraud.
We've got some advice direct from Experian on how to keep your financial valuables safe:
Always shred financial documentation after use - especially your bank statement/ credit card statement, which will have your full name, address, account number and even your balance and overdraft limit.
Keep your card safe - the security code on the back of your cards are designed to prove you are in possession of the card when you buy online or by mail or telephone order. Never share this code and make sure any sites you use are encrypted (indicated by a padlock symbol).
Be mindful of what is on your mobile phone - smart phones can hold lots of information, including passwords to online accounts and apps, contacts and other personal information.
Check your wallet or handbag - it's always a good idea to empty out the contents of your purse and wallet on a regular basis and check what you're carrying around. Documents such as bills and medical prescriptions all contain personally-identifiable information, so if you don't need it every day, get rid of it.
"You can be young without money but you can't be old without money"
Maggie the Cat from "Cat on a Hot Tin Roof." by Tennessee Williams
Maggie the Cat from "Cat on a Hot Tin Roof." by Tennessee Williams
![[-]](https://gayspeak.com/images/duende_v3_local/collapse.png)
