Millions still at risk of credit card fraud

Millions of Britons are still putting themselves at risk of credit card fraud despite repeated warnings, a new report reveals.

Data from Morgan Stanley shows 40 per cent of UK residents are still throwing away bank and credit card statements without shredding them, with this number rising to 59 per cent of under-30s.

This practice simply hands information to any potential fraudster, who can pick up and go through the details on the statements after they have been thrown out and impersonate the credit card holder to take out new cards or loans in their name.

Read more at: Millions still at risk of credit card fraud