Am I at risk from identity theft?
Over the last few years the threat of ID theft in the UK and around the world has increased dramatically with more and more people now on the radar of the fraudsters and scammers. However, the vast majority of people who may be at risk from identity theft are still unaware of problems which may await them in the future. So are you at risk of identity theft?
There is no doubt that the introduction of the Internet to many homes and businesses around the world has increased the potential market for identity theft. Each of us is just a click away from a potentially fraudulent e-mail or fraudulent contact via a website. We all need to be aware of the risks, retain control of our confidential information and ensure that we do not give information to unknown third parties.
Many of the scams appearing at the moment are financial offers and financial advice which are literally too good to be true. If you have not requested any financial advice or neither inquired about a financial product then why would you entertain anybody who cold calls you? There is no doubt that the fraudsters have taken advantage of the economic situation to maximise their potential victim base.
Barclays Bank system crashes
A technical fault at Barclays has caused significant problems for the bank's customers today leaving many unable to access their funds. Internet banking, telephone banking and a whole variety of cash machines were "down" this afternoon due to a hardware failure. While the situation has been resolved and the system is now fully functional many people were left stranded in shops unable to use their...Read More
Banks launch new campaign against fraud
14/10/2014 UK banks have launched a new campaign to help consumers protect themselves from fraudsters. The British Bankers Association (BBA) has warned that millions of customers are still vulnerable to fraud, both online and over the phone. The campaign, called “Know Fraud, No Fraud” has been created with help from the police and highlights the eight things that banks will never ask an...Read More
Why Are Consumers Not Making Use Of The Citizens Advice Bureau?
As the economy continues to head south, financial worries rise to the surface and more people than ever face the threat of financial ruin, why are consumers not making use of the Citizens Advice Bureau (CAB)?
The CAB has been around for many years and is fully funded by the authorities with all advice both confidential and free. It seems that more and more people are waiting until...
Have the Alliance & Leicester started a battle in the banking sector?
It has been revealed that the Alliance & Leicester, the popular UK bank, appears to have started something of a free for all in the current account market. The company is offering new account holders a £100 cash back payment (which would be paid within four months of opening an account), 6.5% interest and a 0% overdraft (within an agreed limit) for the first 12 months. This offer relates to the c...Read More
Was the FSA warned about the management of Icelandic banks trading in the UK?
In a rather startling revelation the former Singer and Friedlander chief executive Tony Shearer has told MPs on the Treasury select committee that he previously warned the FSA about the standard of management at the Kaupthing Icelandic bank which eventually took over Singer and Friedlander. This is the first time such a revelation has been disclosed and certainly turns attention to the FSA and wha...Read More