April 18, 2018 — Record high identity fraud in 2017
Lisa Baergen, Director at NuData, comments on a report issued today by CCR Magazine disclosing that the newest Cifas report tells us that the amount of identity fraud hit record high numbers in 2017.
The increasing volume of attacks globally has also been attributed to more fraudsters willing to commit the crime, more data available on the black market, and more financial institutions and merchants that are vulnerable to attacks. To combat these types of attacks, consumers should always report emails to their banking provider. No legitimate organisation will ask for security or banking details through email, so consumers need to be suspicious of any email that requests this information.
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