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UK banking fraud losses rise to £301.7m
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| UK banking losses due to fraud in the first half of 2008 hit £301.7m compared
| to £263.6m in the same period last year, according to the latest figures from
| UK banking association APACS.
|
| Fraud abroad made up 40 per cent of total card fraud losses reaching £121.2m
| in the period, up 11 per cent of the £108.8m lost last year. That loss was
| through tactics such as the use of counterfeit plastic cards with stolen PINs
| on machines overseas that only check magnetic strips, not chips.
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http://www.theregister.co.uk/2008/10/01/uk_banking_fraud_soars/
Related:
Online banking fraud 'up 8,000%'
,----[ Quote ]
| The UK has seen an 8,000% increase in fake internet banking scams
| in the past two years, the government's financial watchdog has warned.
|
| The Financial Services Authority (FSA) told peers it was "very concerned"
| about the growth in "phishing".
`----
http://news.bbc.co.uk/1/hi/uk_politics/6177555.stm
Online banking fraud 'up 8,000%'
,----[ Quote ]
| The UK has seen an 8,000% increase in fake internet banking scams
| in the past two years, the government's financial watchdog has warned.
|
| The Financial Services Authority (FSA) told peers it was "very concerned"
| about the growth in "phishing".
`----
http://news.bbc.co.uk/1/hi/uk_politics/6177555.stm
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