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Britons still on the hook: internet fraud

Date: September 24, 2006
Source: myfinances.co.uk


Large numbers of Britons are still unaware of simple steps they can take to improve their security while banking online.

New figures from Apacs, the UK payments association, reveal that despite repeated warnings Britons are still writing down their passwords, responding to fraudster's emails, and using one password for multiple accounts.

"The internet has totally changed the way we shop and bank, and it’s very safe provided you remember two simple rules: use a secure PC and be wary of unsolicited emails," said Sandra Quinn of Apacs.

"This new research shows that some people still aren't doing all they should to protect themselves which, hand in hand with a large increase in phishing email attacks at the start of the year, leads us to expect an increase in online banking fraud losses in the first half of 2006.
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