Rosie Cooper MP is urging constituents to remain vigilant with their personal details following the announcement that fraud on UK cards in the North West increased slightly in 2006. The overall figure for card fraud losses on UK-issued cards decreased by 3%.
This small regional increase is an important reminder that personal security is as important as ever as fraudsters continue to target people’s cards, PINs, passwords and financial details.
Rosie Cooper said:
“I urge everyone to remain vigilant about taking care of personal financial information. People need to take common sense precautions such as looking after cards and PINs: checking that the website you’re shopping on is secure and following up on any missing post from your bank or utility company.”
“If you’re an innocent victim of fraud you will be refunded, but being a victim is never a pleasant experience. Your personal details are valuable to others – take care of important documents and treat all your paperwork and bills as confidential information.”
APACS, the trade association for companies providing payments services, has published a Personal Security Plan that is available to download from www.cardwatch.org.uk
Overall, total UK card fraud losses fell from £439.4 million in 2005 to £428 million in 2006. Fraud in the North West increased to £34 million from £33.2 million over the same time period.