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.
Government U-turn on post offices
The government has intentionally leaked plans for the UK Post Office network to the press this week amid signs that a massive U-turn is underway. After initially looking to downsize the Post Office, sell-off the more profitable areas and withdraw from many local communities, Lord Mandelson is believed to be pushing ahead with new plans to make the UK Post Office network a "mini community bank". So...Read More
70% of scam victims do not have their money returned
30/10/2015 Up to 70% of people who lose money in financial scams do not have their money returned, according to figures from the RBS Group. The figures show that in a nine month period during 2015, 5,000 bank customers fell victim to financial scams, at a total cost of more than £25 million. The average cost of falling for a scam has also increased by 40% since 2014, to more than £13,000....Read More
Barclays launches “finger vein” reader
05/09/2014 Barclays and Hitachi have today launched a new, futuristic way to for customers to access bank accounts, using only their finger. A device about the size of a tennis ball is plugged into a computers USB port and an infa-red light checks the unique pattern of veins inside a customer’s finger. They will then be able to access their bank account without having to use passwords, pin nu...Read More
Which? magazine points to disappointing services in the UK
Which? magazine has this week placed the UK banking arena at the centre of an argument regarding the level of services available in the UK. A number of prominent banks in the UK have been mentioned with regards to "substandard services" with an array of uncomplimentary comments from current and past customers. So what is the problem with the UK banking sector? There is no doubt that ongoing cos...Read More
Do you keep your PIN number hidden?
A report by Which? magazine has highlighted the risks which many UK credit card and debit cardholders are taking with the revelation that many actually write down their pin numbers. A large number of people in the UK tend to keep their pin numbers in wallets, handbags or even type them into their mobile phones leaving themselves at significant risk of fraud and theft. It is believed that around...Read More