A leading payments industry news source for more than 17 years. Glenbrook curates the news and keeps you abreast of the important daily headlines in payments.
Search Payments News
April 20, 2022
On the web
TSB warns impersonation fraud has surged by 300% – signs to look out for
Yorkshireeveningpost
“Impersonation fraud is an attack in which a criminal impersonates a company, business, organisation or individual as a key component, and reported cases have soared by 300% since 2019. Retail banking company, TSB , has warned people to be on the alert for scammers as cases of impersonation fraud soar. TSB said the average victim of impersonation fraud loses £4,000, and household names like Royal Mail, Amazon and BT are used to lure unsuspecting people into sending money to scammers. Paul Davis, director of fraud prevention at the bank, said: “Households are bombarded with scam calls, texts and emails every day.”