London leads top ten internet card fraud hotspots

London has been confirmed as the web-fraud capital of Britain, leading the pack when it comes to CNP (cardholder not present) fraud.

London has been confirmed as the web-fraud capital of Britain, leading the pack when it comes to CNP (cardholder not present) fraud.

With an increase of around 22% in national internet card crime, the latest Early Warning Fraud Map shows London, Manchester, Coventry, Kilmarnock and Bristol as sustaining significantly more fraudulent transactions than elsewhere.

Early Warning compiles an online database of internet crime and provides tools to merchants help tackle it.

Greater London easily heads the list. The data suggests the postcode of SE18, which includes the high-crime Thamesmead area, could be a candidate for the card fraud capital of Europe.

Outside London, Northampton and Stockport, last year denoted as "amber" areas but predicted to make the top ten, have rapidly turned "red".

Andrew Goodwill, managing director of Early Warning said, "What is notable is the number of postcodes around the country where the Fraud Map last year registered negligible fraud, but which are now showing 'medium' or 'high' levels of fraud. We have to accept that nowhere is exempt."

Goodwill said chip and Pin in the high street had driven fraudsters to the web. To help combat the problem, Early Warning has developed an on-line "post-code risk assessment tool", which is freely available to internet traders via www.early-warning.org.uk

Top ten UK CNP fraud hotspots

1. London

2. Manchester

3. Coventry

4. Kilmarnock

5. Bristol

6. Brighton

7. Leicester

8. Leeds

9. Glasgow

10. Nottingham

Read more on Hackers and cybercrime prevention

Start the conversation

Send me notifications when other members comment.

Please create a username to comment.

-ADS BY GOOGLE

SearchCIO

SearchSecurity

SearchNetworking

SearchDataCenter

  • How do I size a UPS unit?

    Your data center UPS sizing needs are dependent on a variety of factors. Develop configurations and determine the estimated UPS ...

  • How to enhance FTP server security

    If you still use FTP servers in your organization, use IP address whitelists, login restrictions and data encryption -- and just ...

  • 3 ways to approach cloud bursting

    With different cloud bursting techniques and tools from Amazon, Zerto, VMware and Oracle, admins can bolster cloud connections ...

SearchDataManagement

Close