Avoid credit crad fraud


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Credit Card Fraud

Credit card fraud and identity theft are two
very real worries nowadays and if it was toAnother technique used is known as shoulder
happen to you, it could cause you to suffersurfing. This is when people stand very
with  stress  and  financial  problems.close behind you to get your PIN and then
jostle with you in order to get any credit
Withdrawing money from a cash machine iscards from you. It has also been known that
something people do everyday without givingsome may then insert your card so that there
it a second thought, but you could be givingis no way of you getting it back and your
your personal information away without evencard  can  then  be  duplicated very quickly.
knowing  it.
You should also be aware when your card is
A spokesperson from Cambridgeshire police hastaken from you in order to scan it as there
said that credit card fraud and card cloningis a chance that it may have been put into a
is not the work of uncoordinated criminalscard reader. It is always best to insert
who work on the spare of the moment, butcredit cards yourself into the Chip and PIN
highly organised individuals who know exactlymachine and then manoeuvre it so that no-one
what to do in order to get the informationelse  can  see  your  number.
they  need.
The introduction of Chip and PIN was to
An example of a fraud method used is with thereduce the number of fraud cases relating to
help of mini cameras that are inserted intocredit cards and Cambridgeshire police have
the card slot and then record the PIN numberssaid that it has definitely become much more
of  people  using  the  cash  machine.secure  in  this  country.
The first you will know of these techniquesHowever, in some areas there has been an
will probably be when your bank calls you andincrease in the number of fraud cases and
asks if you have been withdrawing moneyApacs, the UK payment association think they
abroad  recently.may know why. There has been a significant
increase in card-not-present fraud, when
It is believed that there is probably atransactions are made over the phone,
lesser risk to you using your card whilstinternet or through mail order. It is
inside a building rather than one outside,therefore imperative that any personal bank
however; there is no guarantee and it isdetails are destroyed, either by a shredder
therefore imperative that you check theor by ripping them up, this way there is a
machine that you are using for anything thatsmaller chance of any fraud taking place with
may not look right and report it immediatelypeople's personal details.
if  you  find  anything.



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