Why Christmas Credit Crime Is On the Cards ; Be Card Smart Online
Sunday Herald › December 05, 2010
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Summary
Experts are warning consumers to be on their guard against card fraud this festive season - and reports of a new development in the behaviour of banks towards fraud victims makes it more important than ever for us to take our own precautions against card fraud.
The standard advice is that if you think you are a victim of card fraud, you should contact your bank or building society as soon as possible. Unless the card issuer can prove you have acted fraudulently or negligently, it is under a legal obligation to reimburse any losses immediately.See the full content of this document
Extract
Why Christmas Credit Crime Is On the Cards ; Be Card Smart Online
But some experts believe the banks are trying to wriggle out of their responsibilities, especially when a fraudster uses an original card and genuine PIN.
Ross Anderson, professor of security engineering at Cambridge University, says: "A rapidly growing number of consumers are routinely refused refunds ...See the full content of this document
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