Data theft is becoming all too common; but why does it happen?
Barclays has confirmed it’s investigating the alleged theft of files with data on 2,000 customers. It says the data relates to 2008 and earlier and that the alleged theft happened before 2011. It’s just the latest in a long line of security breaches in the financial services sector. So how does data get stolen? Often, it’s an employee or contractor who takes the data. And it can be as low tech as leaving the building with a print out of a database.
Diamonds, bamboo, carbon credits and wine investing – all can be investment scams
This week I was a panelist on Radio 4’s Moneybox Live, talking about financial fraud. I thought the programme would get lots of calls about card fraud, but most were from people who’d been scammed when they took out ‘investments’ such as carbon credits, diamonds and even a Mongolian coal mine. How can you spot a scam and can you get your money back if you invest?
Don't fall for 'copycat' websites; you can often get their services for free
'Copycat' websites often look like official government sites but you'll be charged for services you could get for free
Over the last few weeks there’s been a lot of publicity about copycat websites, especially in the run-up to the self-assessment tax deadline. Copycat websites charge you for services that you could get for free (or much cheaper) by going direct to the government agency. They typically charge for passport renewal, filing your tax return or getting a driving licence. Don’t get caught out by them!