Finance industry stopped £820 million of unauthorised fraud in first half of 2019 Data compromised through social engineering and ‘digital skimming’ attacks have had a significant impact on fraud losses Investment scams account for largest proportion of personal customer losses to authorised push payment fraud The finance industry prevented £820 million of unauthorised fraud in … Continued
A total of £1.66 billion of unauthorised fraud was prevented by the banking and finance industry in 2018. This is comprised of: £1.12 billion in attempted unauthorised card fraud £318 million in attempted unauthorised remote banking fraud £218 million in attempted unauthorised cheque fraud A total of £1.20 billion was stolen by criminals committing fraud … Continued
Financial fraud losses of £366.4 million in the first half of 2017 were 8 per cent lower year-on-year, figures from UK Finance show.
Research released today by Financial Fraud Action UK’s Take Five campaign reveals how fraudsters commit their crimes by targeting our instinctive human willingness to accept someone at their word.
UK banks and Financial Fraud Action UK launch dedicated day of action.
Carol Vorderman, Donna Air and Rufus Hound attend Scam Academy – part of the Take Five financial fraud prevention campaign led by Financial Fraud Action UK
Consumers could be leaving themselves vulnerable to financial fraud by thinking they are too smart
to be scammed, new research from the Take Five to Stop Fraud campaign reveals.
Almost a third of online shoppers admit they’re more likely to take a financial risk to get a good deal Younger shoppers are most at risk as they’re more likely to take a chance Ahead of Black Friday and Cyber Monday, Financial Fraud Action (FFA UK) urges online shoppers to be vigilant to fraudsters’ tactics … Continued