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The holiday season is a time when many of us open our wallets to spend on our loved ones. Unfortunately, it is also a time for criminals to increase their activities and attempt to access our savings.
The changing of years is often frantic and rushed – people are preparing for time away with family and this can mean balancing work, shopping, travel, day-to-day errands and social commitments. A hectic schedule, combined with extra debit and credit spending, creates a window of opportunity for fraudsters to seek any potential vulnerabilities.
“This is always the time of year when we see increased criminal activity,” said Dave Toynbee, Senior Manager – Risk and Commercial Credit at Island Savings. “Common attempts include making big ticket purchases online, incrementally draining ...
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