SCAM ALERT: THOMAS COOK CESSATION OF TRADING

Consumers should be vigilant of criminals attempting to use the cessation of trading of Thomas Cook as an opportunity to trick people into revealing personal or financial information. Criminals will often use the publicity around these sorts of events as a chance to pose as a genuine organisation, including banks, police officers, retailers and travel … Continued

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Banking industry stops £4.5 million of fraud a day in first half of 2019

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

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