Credit Card Phishing Complaints Soar in Portugal

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Rockey39#
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Credit Card Phishing Complaints Soar in Portugal

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20 July, 2021 @ 11:11 amby Gonçalo Sousain E-Commerce , Entrepreneurship , TechnologyLeave a comment
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The Complaints Portal received 943 complaints from consumers related to credit cards and payments. Between January 1 and July 15 of this year, there was a 130% increase compared to the same period last year, when only 404 complaints were registered.

One of the main reasons for the increase in consumer complaints is phishing attacks . WiZink is the brand most targeted by these fraud schemes, contributing to the increase in phishing complaints.

The pandemic situation and the confinement measures cameroon telemarketing that have devastated the country have increased the exposure of time in a digital environment and the growing use of electronic commerce, as well as the growth of mobile betting and betting websites .

One of the results has been an increase in cybercrime, particularly with the explosion in the number of crimes related to the fraudulent use of credit cards. This reality has been highlighted by the various cases reported by consumers to the Complaints Portal .

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According to the analysis carried out by the largest consumer social network in Portugal, from the beginning of the year until July 15, general complaints related to credit cards and payments doubled compared to 2020, an increase that was transversal to all entities included in this category ( Universo Card, WiZink Card, Revolut Card and Cyrana Card ).

This year, the main warning is the exponential increase in complaints related to phishing , and the losses caused by the alleged lack of security in the use of credit cards .

The analysis reveals that, after the high number of cases identified with the Universo Card – which resolved around 80% of the complaints registered on the Complaint Portal -, the WiZink Card is the most recent target of these fraud schemes.
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