Credit Card Fraud

Credit card fraud and identity theft are two very realAnother technique used is known as shoulder surfing.
worries nowadays and if it was to happen to you, itThis is when people stand very close behind you to
could cause you to suffer with stress and financialget your PIN and then jostle with you in order to get
problems.any credit cards from you. It has also been known that
Withdrawing money from a cash machine issome may then insert your card so that there is no
something people do everyday without giving it away of you getting it back and your card can then be
second thought, but you could be giving your personalduplicated very quickly.
information away without even knowing it.You should also be aware when your card is taken
A spokesperson from Cambridgeshire police has saidfrom you in order to scan it as there is a chance that it
that credit card fraud and card cloning is not the workmay have been put into a card reader. It is always
of uncoordinated criminals who work on the spare ofbest to insert credit cards yourself into the Chip and
the moment, but highly organised individuals who knowPIN machine and then manoeuvre it so that no-one
exactly what to do in order to get the information theyelse can see your number.
need.The introduction of Chip and PIN was to reduce the
An example of a fraud method used is with the helpnumber of fraud cases relating to credit cards and
of mini cameras that are inserted into the card slot andCambridgeshire police have said that it has definitely
then record the PIN numbers of people using the cashbecome much more secure in this country.
machine.However, in some areas there has been an increase
The first you will know of these techniques willin the number of fraud cases and Apacs, the UK
probably be when your bank calls you and asks if youpayment association think they may know why. There
have been withdrawing money abroad recently.has been a significant increase in card-not-present
It is believed that there is probably a lesser risk to youfraud, when transactions are made over the phone,
using your card whilst inside a building rather than oneinternet or through mail order. It is therefore imperative
outside, however; there is no guarantee and it isthat any personal bank details are destroyed, either by
therefore imperative that you check the machine thata shredder or by ripping them up, this way there is a
you are using for anything that may not look right andsmaller chance of any fraud taking place with people's
report it immediately if you find anything.personal details.