CPP, the online identity protection company have warned parents that they might be at risk of identity fraud due to their children secretly using their credit cards for online purchases, subscriptions and games.
Regulated by the Financial Services Authority, CPP carried out an extensive survey which shockingly revealed that around 23 per cent of children have secretly used their parents credit card online.
In addition, they found that a massive 77 per cent of children in the UK use the internet completely unsupervised.
This can put the parent at huge risk, as younger people are often not aware or are at least less aware of the risks of identity fraud.
According to the research, children are much more likely to post credit card details recklessly and take much less persuasion to part with vital personal information.
If they are using their parents credit cards this can mean that the sensitive personal ID authentication details of their parents are left vulnerable to phishing and identity fraud attacks.
CPP and the Financial Services Authority urge parents to keep a close eye on their child
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