Identity Fraud

Identity Fraud: Protecting Your Personal Information

Identity fraud is a growing concern in the UK, with criminals using stolen personal information to commit various forms of financial crime.

In 2022, over 226,000 cases of identity fraud were reported in the UK, highlighting the scale of this issue.

 

Key points to understand:

  1. Identity theft occurs when someone steals your personal details.
  2. Identity fraud is when these stolen details are used to commit fraud.

 

Common tactics used by fraudsters:
• Phishing emails and texts
• Stealing mail
• Hacking personal accounts
• Obtaining information from social media

 

Signs you may be a victim:
• Unexplained transactions on your bank statement
• Bills or emails for things you didn't buy
• Refusal of financial services despite good creditIf you suspect identity fraud:

  1. Contact your bank immediately
  2. Report it to Action Fraud (0300 123 2040)
  3. Check your credit report for suspicious activity
  4. Inform relevant organisations (e.g., DVLA if driving licence stolen)

 

Protect yourself:
• Use strong, unique passwords for online accounts
• Be cautious about sharing personal information online
• Shred or securely dispose of documents with personal details
• Regularly check your credit report
• Consider adding a protective registration with Cifas

Remember, banks and official organisations will never ask for your full PIN or password. If in doubt, contact the company directly using a known, trusted number.

By staying vigilant and taking proactive steps, you can significantly reduce your risk of becoming a victim of identity fraud. If you do fall victim, act quickly to minimise potential damage and seek support from relevant organisations.