Wednesday, April 04, 2007

UK: Banks Role in Reporting e-Crime Raises Concerns

Tom Young writes in Computing (UK):

Industry experts have criticised new procedures that make banks the first point of contact for reporting online fraud.

From this week, businesses and consumers in England, Wales and Northern Ireland have to report instances of online, cheque and card fraud to their bank or building society instead of the police.

Jim Norton, senior policy adviser at the Institute of Directors, says the reporting function should always lie with the police.

More here.

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