This ties in with the increase in scams we are dealing with in our line of work and the evolving creativity fraudsters are using.
An article in the BBC says that ' A financial scam was committed once every 15 seconds in the first half of the year, prompting a new campaign to highlight the risks. More than one million cases of card, cheque, phone or online fraud were recorded from January to June, Financial Fraud Action (FFA) said. That was a 53% rise on the same period last year. The FFA, which is funded by banks and payment card firms, is pushing advice to help prevent fraud. Losses are often refunded by banks, but not in every case. Many people are too embarrassed to admit they have been caught out'.
Take Five campaign, backed by police, the banking industry and consumer groups, is aimed at ensuring busy lives do not make people easy targets. "We are asking people to take five to take that moment to pause and think before they respond to any financial requests and share any personal or financial details," said Katy Worobec of FFA. Home Office Security Minister Ben Wallace, said: "The impact of financial fraud can be devastating on victims, with fraudsters using increasingly cunning and convincing tactics. They prey on people who are trying to get on with their lives but in a moment where they are busy or distracted become vulnerable. "At the same time, the government is working closely with law enforcement and the banking sector through the Joint Fraud Taskforce to take action to stop the organised criminals behind financial fraud."
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