The security minister has announced that Action Fraud, the UK’s official reporting centre for fraud and cybercrime, will be “totally redesigned” to cope with the vast issue of online scams. One of the new rules that have been enforced to combat the crime is Strong Customer Authentication (SCA).
These new rules are being enforced in a bid to stop fraudsters capitalising on Britons.
The pandemic and lockdowns have sparked a rise in financial crime and scams so changes under the Financial Conduct Authority (FCA) fraud-prevention rules have come into play.
The idea behind the move is to create a new layer of security to protect shoppers and their money.
The changes will impact everyone who banks or makes purchases online as they will be subject to extra security checks in a bid to make transactions safer.
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Customers will now be sent a code by their bank — usually to their mobile phone — when they make a payment online and they will need to enter this at the checkout for the payment to be approved.
Express.co.uk spoke exclusively to Brian Higgins, security specialist at Comparitech on the new changes and how Britons can protect themselves.
He said: “These changes will certainly offer an extra layer of protection from online retail fraud but as with most large scale changes some people will suffer more than others until the new processes become part of our online behaviour.
“An…
