KYC, Cyber Crime And Identity Fraud
Most people are able to use the features of smart devices - so they know how to enable protection features to set passwords or enable lock time on devices. Smart phones now offer app management functions that also introduce a layer of defence so regulars are now on the best part of security able to be assured they are using the device safely - however - their activities can still get compromised. Some retail apps are predictive so can suggest items to users based on other app activities or even exist part of a wider ecosystem making one-click transaction automated. The city of London reported that during xmas 2014 over 16.5 million pounds of fraud was reported and The Office for national Statistics found that 2.5 cybercrimes and over 5m cases of online fraud was committed within England and…