fraud Archives - Credit Simple

What to do if you’re a victim of identity fraud

5 March 2018

Everyone knows someone who has been a victim of fraud. It can be a total nightmare when a cybercriminal has dipped into your bank account, stolen your credit card details or taken out credit in your name. In the short term your credit score is going to take a dip because you can’t simply delete it. Don’t despair, however. You’re not the first person in this situation and it can be ironed out. There are a number of different types…

Fighting fraud: How biometrics and artificial intelligence are helping to keep you safe online

By: Credit Simple

10 July 2017

Once upon a time bank robbers needed guns and balaclavas. Today a mouse and keyboard can be more dangerous. Every year too many Aussies are defrauded by cyber criminals, resulting in annual losses of more than $2b, according to the Australian Institute of Criminology. One common fraud method is ‘phishing’, where the victim clicks on what looks like a genuine email from a company such as their bank, an online trading site, or another organisation. Except that it’s not their…