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Identity fraud 'up 20%'
Apr 30 2010, 09:00 AM
Identity fraud rose by almost 20% during the first quarter of 2010, compared with the same period last year, new figures have revealed.
According to UK fraud prevention service Cifas, there has been a significant surge in crimes that use the current address of victims.
However, overall fraud levels remained consistent during the first three months of the year.
Cifas Communications Manager Richard Hurley commented: "The increase in the use of a victim's current address and details makes the 'impersonation' seem more realistic and, therefore, difficult to detect and prevent due to the applications seeming so plausible."
The challenge now is to battle against the sophisticated criminals that carry out this type of crime, he added.
A recent poll of 1,000 London commuters carried out by Infosecurity Europe found that 44% of people have experienced bank or credit card fraud at some point.
The average amount stolen by fraudsters was £1,448.
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