I was recently the victim of an attempted fraud, but thanks to the vigilance of my credit card provider, it was spotted and sorted out very quickly. It was something of a wake-up call for me, but it shouldn’t have been, because I live with The Brainy One and he is someone who checks his accounts every single day.
Here’s my 5 point plan:
- Use a credit card for all online transactions (and then pay it off in full when the statement arrives). It is far easier to have problems sorted out by a credit company than through your bank.
- Review your statements thoroughly when they arrive, match to receipts and flag up any discrepancies immediately.
- Don’t allow websites to store your card details.
- Log out of all websites where you have an account. Each and every time. And that includes all those Apps on your mobile phone.
- Shred any statements or receipts (but bear in mind bank statements should be kept for six years).
All these points are common sense, but following them will hopefully lessen the potential for fraud. Large scale data breaches and targeted cyber attacks aside …
** As Monday is a Bank Holiday here in the UK, the next scheduled post will appear on Tuesday, 29 May.