One in ten Aussies hit by credit card crime

By Mozo ·

Over 20 per cent of people have reported having their identity stolen, according to new research.

A study conducted by Galaxy Research for Veda Advantage revealed that people have been victims of the crime after thieves tried to access their savings accounts or skimmed their credit cards.

Some 1.5 million people had their credit card information stolen, while 1.2 million bank accounts were illegally accessed, the research showed.

A further 1.2 million had their personal mail stolen.

Individuals aged between 25 and 49 were the most likely to have fallen prey to the fraudsters, with a quarter of this age group having had their finances compromised.

Kelvin Kirk, Veda Advantage head of marketing and communications, commented: "Credit card crime is especially prevalent, with almost ten per cent of Australians surveyed falling victim to someone either stealing or skimming their credit card."

Meanwhile, Aussies have been making more repayments on their debts, including their low interest credit cards.

According to figures published by MasterCard, July saw a cumulative $19.839 billion paid off.

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