Card fraud losses continue to fall / APACS, 14 March 2007
http://www.apacs.org.uk/media_centre/press/07_14_03.html
"Total card fraud losses fall from £439.4m in 2005 to £428.0m in 2006
Card fraud losses at UK retailers fall by 47%
Online banking fraud increases from £23.2m in 2005 to £33.5m in 2006
Cheque fraud losses fall from £40.3m in 2005 to £30.6m
2006 fraud figures released by APACS, the UK payments association, show total card fraud losses fell by three per cent in the past year to £428m – a decrease of nearly £80m over the past two years. This fall has been driven by a 13 per cent decrease in UK domestic fraud and the combined reduction of more than £45m in mail non-receipt and lost and stolen fraud."