Britons travelling abroad on holidays are sometimes "a bit complacent" with their credit or debit cards, a card fraud expert has warned.
Kerry D”Souza of CPP said that when people are on holiday, "you”re relaxed and you”re not necessarily thinking about what”s going out of your bank account – you might not want to think about it".
According to CPP figures, instances of overseas card crime shot up by 77 per cent between 2006 and 2007, costing British holidaymakers a massive £207.6 million.
Ms D”Souza warned that implementation of the chip and PIN system does not mean that card fraud has stopped – it has just moved to other countries where a chip and PIN system is not in place.
She advised holidaymakers to seek some kind of card protection insurance before they go away.
The chip and PIN system has been in the news a lot, after last week”s police crackdown on a gang in Birmingham who allegedly found a new way to steal card details by tampering with chip and PIN machines in shops.
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