Business owners can reduce fraud by staying alert
Feb 07 2008
Business owners can reduce the number of credit card fraud cases by staying alert and ensuring their chip and pin machine have not been tampered with, one business expert has claimed.
Fraud protection company CPP say that cloning devices can easily be fitted onto chip and pin machines, but it is easy to tell when a machine has been tampered with.
Danny Harrison, a security expert at CPP says: 'You can always tell – there is always something that doesn't look quite right.'
He also advises consumers to be wary, as occasionally businesses can be in collusion with fraudsters.
'If somebody does take a card we need to be watching what they do with it,' Harrison adds.
According to research conducted by CPP, nearly one in five consumers have had their card cloned when using either an ATM or chip and pin machine.
The number of fraud and forgery acts committed in England increased dramatically in 1999 when compared against the number of cases between 1993 and that year.
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