The UK Cards Association has released new information that shows an increase in online fraud. Online banking fraud losses have risen to £57.7 million which is an increase of 14% from last years figure.

However, it isn’t all doom and gloom. New measures such as PCI compliancy are helping in the war against on line fraud and figures for cheque fraud and debit and credit card fraud are slightly down. To keep them down, it’s best to ensure that all of your online practices are as safe as they possibly can be.