Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, according to new research. Fraud losses on UK credit and debit cards totalled £440m in 2009 - a drop of 28% compared with the previous year - the UK Cards Association said. But the number of "phishing" attacks rose by 16% in the same period. This is when fraudsters trick people into entering their personal details on a website or in an e-mail. Scams The fall in card fraud is the...
Full Story: BBC News

