Over the past couple of days we have looked at different types of fraud which we might experience and some simple steps we can take to try and prevent it from happening to us.
Over the next couple of days we will be looking at examples of fraud which have recently been in the news.
The first example of fraud which we will be looking at is with regards to reports being investigated of a major credit card scam in Spain.
Anyone who used a Visa or Mastercard credit card when in Spain may have had their card data compromised.
In Germany, as many as 100,000 cards are reportedly being recalled. UK customers will be contacted directly if they are thought to be at risk.
Card holders are being assured that they will be protected against this type of fraud, but are being advised to check their statements.
Spanish police are investigating a credit card processing company which is believed to be at the centre of the scam.
In a statement, Visa Europe confirmed that "it is aware of a possible card data security issue in Spain. No details are yet confirmed, but we do not believe that the issue is specific to Visa."
Both Visa and Mastercard say their systems have not been compromised. The problem appears to be somewhere in the payment chain.
Here at Greengates Builders Merchants Accrington, Lancashire we’d like to remind you to be careful when using your credit cards and when giving out information about yourself.
If you do feel you may have been subject to a type of fraud then contact Action Fraud now!