Tag: UK Finance

Capital and Risk, Operational

Fraudsters rake in £58m during COVID-19 by impersonating banks

September 16, 2020

Via: Banking Technology

According to UK Finance, its members reported 15,000 cases between January and June 2020. Criminals raked in more than £58 million using the technique. Impersonation scams occur when a victim pays a criminal claiming to be from a trusted organisation. […]