Targeting Of Cards By Fraudsters 'Back With A Vengeance' In UK

New figures show that card fraud’s inexorable rise in the UK seems set to continue, as the payment method proves to be the biggest point of focus for a growth in identity fraud seen across the financial sector.

New figures from Cifas, a not-for-profit fraud prevention service in the UK, have shown that last year’s dip in fraud was an anomaly and the criminal activity reasserted itself in 2018 as “the targeting of plastic cards by identity fraudsters returned with a vengeance”.

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