The 2017 British and Irish Lions Tour is upon us!

financialcrime

#1

The 2017 British and Irish Lions Tour kicks off on Saturday 3 June at Toll Stadium in Whangarei and goes through until Saturday 8 July when the final game is played at Eden Park in Auckland. You may have read in the news recently about two Bulgarian men who entered New Zealand under the guise of the World Masters Games, subsequently using several cloned ATM cards to withdraw more than $15,000. Thankfully their attempts were foiled and they were arrested by Police.

It’s not uncommon for fraud to increase during large sports tournaments as criminals think they’re more likely to go uncaught during busy times. Tourists are also easy targets due to not being in a familiar environment and can sometimes have a lack of awareness that fraud is happening or be too trusting. Even those not holidaying are at risk as scams and fraud are quickly advancing.

It’s because of this that we’ll need to be extra ‘fraud aware’ starting from now as it’s likely that there will be opportunistic fraudsters about during the lead up and throughout the British and Irish Lions Tour.

To help you along the way, the Financial Crime Management Centre (FCMC) have compiled a few tips to ensure you stay safe, secure and fraud aware. Here’s a bunch of things to look out for:

ATM’s with Skimming Devices attached:

During the Tour, there’s an increased risk that ATM machines around the country may have been tampered with. This includes the attachment of skimming devices. If you suspect you may have come across a tampered ATM, call 0800 ASK BNZ (275 269) or +64 470 9021 and let them know that you would like to speak to the security team to report the issue.

Keep your cards secure

Never give out your PIN to anyone, keep your cards in a secure place and do not leave wallets and personal belongings on car seats or anywhere that might tempt thieves. If you make it as difficult as possible for anyone to get hold of your personal belongings and cards, it will help you stay protected.

Keep an eye out for Scalpers

If you’re planning on purchasing tickets to any of the games, ensure they are the real deal before you hand over the cash. First and foremost make sure you are buying from a reputable site. Where possible, meet the seller in person so you can confirm the authenticity of the tickets before paying. If you are paying online, ensure you have all the details of the seller before making the purchase but if you can avoid purchasing them this way altogether that’s your best bet at staying safe.

Keep an eye out for Counterfeit Cards

A counterfeit credit card is created by writing stolen data onto any card with a magnetic stripe. Usually offenders will use high quality “look-a-like” plastic.
Full track data (the information on the magnetic stripe) can be obtained from a credit card by skimming, wiretap or through a merchant data compromise.
It is especially important for businesses to remember that you do not HAVE to accept a card if you are unsure of its authenticity. Check out the checklists below, if you know what a genuine card looks like, it’ll make it that much easier to spot a counterfeit.

Checklist for a Genuine Visa

  1. First four embossed numbers also have the same numbers printed below and they match (both numbers begin with four).
  2. Expiration date is below the embossed number.
  3. Ultraviolet dove (looks like a V).
  4. 3D Flying Dove hologram on the front or back.
  5. CVV2 (Card Verification Value) is printed in reverse italics on the signature panel.
  6. Signature panel is white with repeating Visa in blue and gold at 45º.
  7. See security details over page.

Checklist for a Genuine MasterCard

  1. First four embossed numbers have the same four numbers printed below them and they match.
  2. 3D hologram with repeat MasterCard printed in the background.
  3. Last four digits of the card number match the details on the receipt.
  4. Signature panel repeats MasterCard in blue, gold and red at 45º.
  5. Last four digits of the card are printed in reverse italics on the signature panel and three-digit card validation code is printed in reverse italics on a white panel.
  6. Ultra violet MC on the front of the card (you’ll need an ultraviolet torch to see this try using your SelectaDNA torch).

Other ways to safeguard your business:

  1. Swipe or insert the card every time and ensure transactions are authorised correctly.
  2. Obtain and verify the signature (if no PIN authorisation).
  3. Check the printed number on the receipt matches the embossed card number.
  4. Check the appropriate card scheme (Visa and MasterCard) security features.
  5. Keep the EFTPOS vouchers for at least 12-months.

Make sure you stay safe and as always, we are here to help. If you would like to speak us do not hesitate to get in touch on 0800 ASK BNZ (275 269) or +64 470 9021.


#2

Some great tips! Thanks Olivia :slight_smile: