![]() ![]() “The UK is experiencing a severe wave of fraud, which shows no signs of abating and it is highly likely, as many of us head online to do Christmas shopping, that the trend will be even more pronounced over the next month,” said Eduardo Castro, head of identity and fraud at Experian UK.Ĭastro said there are risks for businesses as well as consumers, facing the challenge of balancing the ease of making purchases with security. Consumers have been warned to secure their personal data in the lead-up to Christmas as Experian’s analysis of Hunter Fraud Prevention Service data between August and October revealed a 43% increase in the number of fraudulent credit card applications.
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