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Scammers Targeting University Students

Thousands of fraud reports have been received by the tax authority from students at university and colleges across the UK. Fake emails, which use university addresses in a bid to appear authentic , may tell people that they are owed money and encourage them to send their personal details. The recipient’s name and email address may be included several times within the email itself and the email will include links that redirect the recipient to websites where their data is stolen. The emails often spoof the branding of HMRC, Gov.UK or credit card branding.

Director of Action Fraud, Pauline … Read more

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Scammers Target Netflix Accounts

Netflix are warning customers to be Watchful after millions of users are targeted by scammers. The problem has become so bad the US government has issued an official warning about the highly convincing emails asking them to update their payment details, and a version of this scam is seeing users in the UK being also targeted.

Subscribers to the video streaming service have been warned that although the emails appear Persuasive , not to click on any of the internal links asking them to update their payment information. If users do click on the links, they are likely to have … Read more

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This half term don’t get tricked into buying fraudulent flights

Action Fraud, the national fraud and cyber reporting centre, is warning half term holiday makers to avoid fraudulent flight ticket sellers.

The reporting service has received 110 reports from victims whose total losses amount to £98,043. Action Fraud say victims are being enticed by offers of cheap flights and getaways this half term.

A new scam

Victims are being cold called by fraudsters claiming to work for travel companies. Action Fraud say the fraudsters are using new approach to gain the trust of victims. Intelligence suggests they appear to know that the victim has recently searched for flights online. This … Read more

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Victims of Wine Investment Fraud are increasingly being targeted by scammers

Action Fraud working alongside the National Fraud Intelligence Bureau, has stated that it has seen an increase in reports of this nature over the past six months. Former victims of wine fraud, who were tricked by scammers between four and six years ago, are now being targeted again by individuals Asserting that they can resell their wines in return for an insurance or shipping fee. Between 1 June 2018 and 31 December 2018, there were 22 reports made to Action Fraud, with victims losing a total of £97,914. Victims were typically aged between 46 and 86 years old, and sent … Read more

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Multiple Lawsuits Against Marriott For Huge Data Breach

Marriott Hotels and Resorts has been hit with a huge class-action lawsuit over the data breach which saw 500 million customers affected, and that’s just the start. Under GDPR, the hospitality giant could face the world’s first significant fine under the new data protection act.

Despite Marriott being headquartered in the US, the breach falls under European wide GDPR rules, meaning the group now faces financial penalties of up to 4% of its annual global revenue. And in 2017 Marriott generated approximately 22.9 Billion US dollars in revenue last year. The news doesn’t get any better over in the US … Read more

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Major Data Breach at Amazon

Just two days before Black Friday launched, Amazon has suffered a major data breach, which caused customer names and email addresses to be unveiled on its website. Amazon has emailed the customers affected, but has refused to say how many customers were affected. Amazon say this is not a breach of the website’s security or any of its systems, but a technical issue, that led to customers names and email addresses being posted.

Amazon said: “We have fixed the issue and informed customers who may have been impacted.”

Customers who received an email were told: “Our website inadvertently disclosed … Read more

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Action Fraud launch new campaign to fight festive fraud

Action Fraud have launched a new campaign to remind the public to be extra alert over the Christmas period when shopping for gifts online. Fraudsters looking to take advantage of shoppers, are luring them in with promises of great deals and big savings.

Over the Christmas period last year, fraudsters conned 15,024 shoppers out of more than £11 million and fraudsters are using social media and online auction sites to target people. Action Fraud say that mobile phones were the most common item that people tried to buy from fraudsters. Victims reported being hooked in with bargain deals on popular … Read more

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Tesco Fined £16.4 Million Over Cyber Attack

The Financial Conduct Authority has handed down a massive fine to the supermarket bank following a cyber-attack In November 2016. The attack did not result in any theft or loss of personal customers data, but did lead to 34 transactions where funds were debited from personal accounts and millions were stolen.

Tesco bank is the financial arm of one of the UK’s largest supermarket chains and holds 5.6 million customer bank accounts.

The FCA says that Tesco failed to protect its customers and is holding the bank accountable for its lapse in risk management. This is the first time the … Read more

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Brits are exposing themselves to email hackers

A new report, released by UK General Insurance and Cyber Aware UK, has revealed that 79% of Brits keep emails stored in their inboxes, these emails could be at risk of hackers looking to steal their ID and financial information. Cyber Aware is warning the public to use a strong separate password for their main email account.

The report detailed how 51% of the public are holding on to e-receipts, which can reveal purchase history. It also stated that 34% of people keep sensitive messages from loved ones and 35% of people store personal photos of friends and family. This … Read more

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Financial Ombudsman Service Tells Banks To ‘Stop Blaming Victims’ !

In their latest newsletter, the Financial Ombudsman Service (FOS) has warned banks to treat victims of financial fraud more fairly, instead of assuming the victim was grossly negligent and to blame.

FOS see thousands of complaints from customers, who have had money stolen from their accounts, and assesses cases where the bank and customer both say they are not responsible for the loss.

Often victims have had their life savings stolen in sophisticated scams and to make matters worse, the banks often refuse to reimburse their customers when this happens. As state-of-art scams become more prevalent and more convincing, the … Read more

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