Trend Micro Newsletter.

Credit Card Fraud Victims Might Be On the Hook
for Losses

Heads up, consumers! The newly revised British banking code says that victims of credit card fraud are personally responsible for losses if they have failed to take reasonable precautions to prevent identity theft. One of the banks' strongest recommendations to avoid this nightmare scenario: use good antivirus and antispyware protection on your computers.

If American banks start to follow suit, you could be personally liable for some pretty serious bills in the event of identity theft. It's just another reason to protect your computer and be smart about banking online.



Edited by Lead Bouncer (06/13/08 12:52 PM)