Feeds

Cardiff tops UK plastic fraud list

Er, in your face, London!

Choosing a cloud hosting partner with confidence

Cardiff has displaced London as the worst place in the UK for card fraud, according to a new survey of fraud hotspots.

More than a third (37 per cent) of residents of the Welsh capital have been victims of card fraud at least once since 2007, according to an annual update to a Card Fraud Index maintained by CPP, which sells fraud insurance services to consumers.

London remains a hotspot, with 35 per cent of adult cardholders having been victimised since 2007, followed by Norwich (30 per cent), Southampton (28 per cent) and Leeds (27 per cent).

Overall incidents of card fraud increased by more than six per cent over the last two years, equating to 2.75 million extra UK victims. Online fraud affected a third of those hit by credit card fraud, while the use of counterfeit cards at cash points or elsewhere accounted for 17 per cent of cases handled by CPP.

Almost half (43 per cent) of plastic fraud victims only discovered they had been defrauded after their bank got in touch. CPP reports that the average sum involved in frauds was £590, with one in six victims (16 per cent) reporting losses of over £1,000.

CPP's study also notes that cardholders were sometimes their own worst enemy, after taking actions that left them open to fraud. One in eight admitted to writing down their card details, one in ten let others take out money on their behalf from ATM machines, and 16 per cent let a shop assistant take their card out of sight.

Sarah Blaney, card fraud expert at CPP, said that card ID theft (where crooks hijack a victim's bank account, usually by changing the address details and then requesting a new card and PIN) makes up around half of its fraud cases. Consumers should regularly check their bank accounts to uncover incidents of fraud, she urged. ®

Internet Security Threat Report 2014

More from The Register

next story
FYI: OS X Yosemite's Spotlight tells Apple EVERYTHING you're looking for
It's on by default – didn't you read the small print?
Russian hackers exploit 'Sandworm' bug 'to spy on NATO, EU PCs'
Fix imminent from Microsoft for Vista, Server 2008, other stuff
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Microsoft pulls another dodgy patch
Redmond makes a hash of hashing add-on
'LulzSec leader Aush0k' found to be naughty boy not worthy of jail
15 months home detention leaves egg on feds' faces as they grab for more power
China is ALREADY spying on Apple iCloud users, claims watchdog
Attack harvests users' info at iPhone 6 launch
Carders punch holes through Staples
Investigation launched into East Coast stores
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.