Trend Micro Newsletter.

Credit Card Fraud Victims Might Be On the Hook
for Losses

Heads up, consumers! The newly revised British banking code says that victims of credit card fraud are personally responsible for losses if they have failed to take reasonable precautions to prevent identity theft. One of the banks' strongest recommendations to avoid this nightmare scenario: use good antivirus and antispyware protection on your computers.

If American banks start to follow suit, you could be personally liable for some pretty serious bills in the event of identity theft. It's just another reason to protect your computer and be smart about banking online.

Figures. The a-holes dont charge us enough money in petty shiat and make enough off us. Now they will charge us so they can collect their 3.5% when someone steals our card. What a bunch of B.S.

"Get a Mac and God Save the Queen!"

Seems reasonable to me.

As a banker, the consumer protection policies will never allow this. We actually have insurance for this type of event, and we are a small bank with 20 branches. Not to worry, the sky isn't falling.

That said, the protections out there for consumers does not directly apply to businesses. If you have a business, make your computer network strong and check your data DAILY.