 UK economy |
| Search News |
|
|
| Find an IFA |
|
|
| Browse |
|
| UK Spotlight |
It has been announced that the central bank of Australia has cut base rates in the country by one full percentage point overnight to try and avert a banking crisis in Australia. While this move...
→
Read More
|
|
| Disclaimer |
| Financialadvice.co.uk adheres to the Financial
Services and Markets Act 2000. This site contains only factual and
readily available public information. |
|
|
| |
|
|
|
|
Monday 8th October 2007
To coincide with the UK's third annual National Identity Fraud Prevention Week, CIFAS, the UK's fraud prevention service, is urging consumers to use protection to prevent themselves from becoming victims.
According to the Home Office, identity fraud is costing a shocking £1.7 billion every year, but many people are ignoring the risks, with recent research showing that as many as 80 per cent of households throw out personal information that could allow fraudsters to steal their identity.
Peter Hurst, chief executive of CIFAS said: "No-one should be complacent about identity fraud. The effect on victims can be devastating. Where a victim's identity has been seriously compromised, it can take years to untangle the threads of deception.
"Even where it is possible to rectify matters quickly, the psychological damage caused by such frauds can cast a long shadow."
He urged people to remember the acronym PROTECTION, to help cut their risk of becoming victims of identity fraud.
P - Personal data, keep all your personal information secure.
R - Redirect your post.
O - Online be particularly wary.
T - Trash is treasure for fraudsters, shred all documents.
E - Examine your bank statements.
C - CIFAS's protective registration service.
T - Theft or loss of documents should be reported immediately.
I - Identity documents should be kept safe.
O - Officials may not be genuine, check their credentials.
N - Never tell anyone your pin or other personal security details.
|
→ Full UK economy News Archive
→ Return to Homepage |
|
|
|
| Other top stories in this section:
|
|
|
|
.gif)
