Fraud is now most common over the internet

Fraud is now most common over the internet, where almost 2 in 5 have fallen prey to fraudulent scams. Alarmingly, nearly 1 in 5 people have also had their cards cloned from ATMs and Chip and PIN machines, highlighting the importance of exercising vigilance with your cards and personal details at all times. ... "Card fraud is a serious concern that is still common despite preventative measures put in place to combat this ,including Chip and PIN,” said Zoe Manton, head of Card Protection at CPP. “Fraud levels increased by 26% in the first six months of 2007 compared to the same period in 2006, to reach £264m.”
Manton said that although we are regularly told to report our lost and stolen cards immediately, on average we are taking nearly ten hours to tell our banks and card companies. The good news is that 56.7% of respondents said they now check their bank statements thoroughly to pick up on any suspicious activity