CRIMINALS EXPLOIT COVID-19 AS FRAUD MOVES INCREASINGLY ONLINE

Unauthorised fraud fell by eight per cent to £374.3 million in first half of 2020, as the banking industry prevented £853 million of losses. Criminals are exploiting and adapting to Covid-19 with a rise in online data harvesting and a fall in cheque and contactless card fraud. £207.8 million was lost to Authorised Push Payment (APP) … Continued

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UK FINANCE WARNS CONSUMERS TO BEWARE OF CORONAVIRUS HOLIDAY SCAMS

Consumers are being urged to be on the lookout for holiday scams including fake caravan and motorhome listings, refund offers and travel deals, as criminals take advantage of uncertainty around coronavirus travel restrictions and cancellations to target their victims and commit fraud. With many people looking to book their summer breaks when lockdown ends, the … Continued

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SCAM ALERT: EASYJET CYBER ATTACK

Criminals will often use the publicity around events such as the Easyjet cyber attack as a chance to pose as a genuine organisation, which could include the impersonating of banks and police officers. Often the criminal will pretend to be from the impacted company, or claim they are dealing with an issue as a result. … Continued

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SCAM ALERT: CRIMINALS USING COVID-19 SMISHING TEXTS TO TARGET CONSUMERS

UK Finance is warning consumers to be on the lookout for “smishing” text message scams from criminals exploiting the coronavirus outbreak. Smishing is when criminals use text messages impersonating other organisations to trick people into giving away their personal and financial information or money. These scam texts often claim to be from government departments, banks … Continued

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SCAM ALERT: FLYBE CESSATION OF TRADING

Criminals will often use the publicity around events such as the cessation of trading of Flybe as a chance to pose as a genuine organisation, including banks, police officers, retailers and travel companies. Often the criminal will pretend to be from the impacted company or claim they are dealing with an issue resulting from the … Continued

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SCAM ALERT: CORONAVIRUS

Criminals will likely use the publicity around Coronavirus as a chance to pose as a genuine organisation, including banks, police officers, government, the World Health Organisation or other health service providers. Often the criminal will pretend to offer help and guidance, or claim they are dealing with an issue as a result. Fraudulent emails, phone … Continued

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OVER HALF OF THOSE LOOKING FOR LOVE ONLINE VULNERABLE TO ROMANCE SCAMS

The latest survey commissioned by UK Finance shows: Over a quarter (27 per cent) of people who use online dating services admitted they were ‘catfished’ in the last 12 months, a scam where someone using online dating services adopts a fake persona or picture. One in five (21 per cent) of people using online dating services say … Continued

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