Fraud and scams - what to look out for - News Summed Up

Fraud and scams - what to look out for


Since Covid-19, there has been a rise in attempted fraud activity, particularly with romance and job scams. Countless organisations have seen the rapid growth of external fraud attempts over the past few years as technology gets smarter and fraudsters more audacious. "Using machine learning to accurately detect fraud means it reduces the risk, as well as making it less likely to decline genuine transactions." COMPROMISED EMAIL ACCOUNTSEmail hacking is when an unauthorised person has access to or manipulates an email account. Visit the Financial Markets Authority website - they are a government organisation and have information on investments and scams.


Source: Stuff June 26, 2020 16:52 UTC



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