Feeds

Brits' privates furtled in TWO-THIRDS of UK fraud cases

Keep your wallet close, keep your personal data closer

The Essential Guide to IT Transformation

Two out of three fraud cases in the UK involved identity theft, according to Blighty's Fraud Prevention Service, CIFAS.

Brits are reminded to guard their private data as closely as they guard their wallets and purses.

The new figures suggest fraud rose to a record level in the UK in 2012 as more and more crooks obtained people's personal details and used them to pocket ill-gotten gains. Of the 248,325 fraud cases reported last year, 65 per cent involved stolen identities.

Crims gathered this sensitive information by hacking victims' computers, intercepting letters or carrying out other scams. Armed with this sensitive data, the thieves would typically hijack bank accounts and siphon off cash, or masquerade as their victims by creating new accounts in their names to then rip off companies.

On the plus side, individuals using their own accounts to commit fraud was down by 15 percent.

Kate Beddington-Brown, a spokeswoman for CIFAS - a nonprofit that tracks crime figures to help businesses and the public sector prevent fraud, said organisations are now "ensuring extra steps are taken to validate the identity of people with whom they are dealing". In the meantime, make sure you look after your own privates yourself. ®

Build a business case: developing custom apps

More from The Register

next story
14 antivirus apps found to have security problems
Vendors just don't care, says researcher, after finding basic boo-boos in security software
'Things' on the Internet-of-things have 25 vulnerabilities apiece
Leaking sprinklers, overheated thermostats and picked locks all online
Only '3% of web servers in top corps' fully fixed after Heartbleed snafu
Just slapping a patched OpenSSL on a machine ain't going to cut it, we're told
iWallet: No BONKING PLEASE, we're Apple
BLE-ding iPhones, not NFC bonkers, will drive trend - marketeers
How long is too long to wait for a security fix?
Synology finally patches OpenSSL bugs in Trevor's NAS
Secure microkernel that uses maths to be 'bug free' goes open source
Hacker-repelling, drone-protecting code will soon be yours to tweak as you see fit
Israel's Iron Dome missile tech stolen by Chinese hackers
Corporate raiders Comment Crew fingered for attacks
Roll out the welcome mat to hackers and crackers
Security chap pens guide to bug bounty programs that won't fail like Yahoo!'s
HIDDEN packet sniffer spy tech in MILLIONS of iPhones, iPads – expert
Don't panic though – Apple's backdoor is not wide open to all, guru tells us
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
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.