'New risks' for debt managers
'New risks' for debt managers
- Monday, 27 April 2009The landscape of
UK debt management could be changing due to the recession and its impact on online fraud, it has been noted.
Neil Fisher, vice-president of global security solutions at information technology company Unisys, points out the economic issues some people are facing.
However, it could be
debt managers elsewhere in the country who face new threats as a result of this.
"A new wave of criminals, not traditionally driven to break the law, are coming forward," Mr Fisher says.
He adds that this is occurring "as opportunities to make money by legal means become fewer".
But this is leading to an increase in identity theft - which could impact on
UK debt management efforts should loans and credit cards be arranged fraudulently.
The latest instalment of the organisation's Security Index report notes that almost nine-tenths (88 per cent) of people now fear the theft of their bank account, credit or debit card details by fraudsters.

Recent Debt Management Plan News
56% of Brits have no life insurance which could leave family with debt problems
Wed, 04 May 2011More than half of UK adults currently have no life insurance cover, which could mean their loved ones are left with
debt problems when they die...
Brits thinking about retirement advised to seek debt advice
Tue, 03 May 2011Consumers considering their retirement options have been advised to seek professional advice, as they may end up with
debt problems in the future...
Brits planning to attend a wedding should start saving to avoid debt problems
Thu, 28 Apr 2011Consumers concerned about getting into
credit card debt to pay to attend a wedding may want to use their savings instead...
Couples planning their big day can avoid debt problems by negotiating a cheap wedding
Wed, 27 Apr 2011Couples-to-be worried about needing
debt advice in the future after paying for a wedding can ensure they avoid accruing
debt problems by negotiating a cheap wedding...