Can you spot the fraud risk?

Fraud can be a scary thing. Financial fraud losses in the UK alone totalled £768.8 million in 2016[1]. However, you’re not as helpless as you may think. All you need to do is stay fraud aware.

To help you spot fraud risks, we’ve devised a little game. See if you can spot the risk in everyday situations.

When you’re shopping on the high-street

A busy store or a cash point presents a good opportunity for fraudsters to steal your details, but they also have other less obvious methods for stealing your data…

Think you have it? Press the button below to reveal the answer.  

Be wary of open WiFi hotspots – Hot spotting on open WiFi networks that aren’t password protected can leave your device vulnerable, the connection isn’t secure so hackers could gain access. 

When you’re using computers, mobiles and other devices

In May this year our National Health Service became a victim of a WannaCry ransomware attack and it was soon revealed that a possible cause for this was an out of date operating system[2]. If you don’t keep your devices up to date you could also risk being attacked by malware or a virus.

6 – Virus detected! Make sure all of your devices are up to date with the latest software and anti-virus protection.

When you’re handling your post

You’re either a person that shreds their personal documents or one that doesn’t, but believe us when we say it’s much safer to shred or burn old letters and bank statements. Fraudsters just need your name, date of birth and address to steal your identity, access your accounts and take out loans, credit cards or mobile phone contracts[3].

 

2 – Leaving papers with your personal details or the details of others around without proper disposal could risk them getting in the hands of fraudsters. 

So, do you feel more fraud aware? Your credit report is also a great tool that can help you identify and prevent fraud. Read our post that explains what your credit report has to do with fraud and remember to log in to Noddle and check your credit report regularly to look for signs of fraud.

 

[1] Financial Fraud Action UK – Fraud the Facts 2017 https://www.financialfraudaction.org.uk/fraudfacts17/assets/fraud_the_facts.pdf

[2] The Guardian – What is WannaCry ransomware and why is it attacking global computers https://www.theguardian.com/technology/2017/may/12/nhs-ransomware-cyber-attack-what-is-wanacrypt0r-20

[3] The Telegraph: Fraudsters need just three details to steal your identity – and most of it can be found on Facebook http://www.telegraph.co.uk/money/consumer-affairs/fraudsters-need-just-three-details-steal-identity-and-can-found/