Shoppers have been warned to be wary of texts claiming to be from courier companies this Christmas, as one bank revealed the majority of fraud cases starting with an SMS involve fake deliveries.
Since the pandemic began there has been a leap in the number of fraudulent texts telling people that they are due a delivery and asking them to click on a link and input personal details.
Once the information has been harvested by the scammers, victims are typically called and persuaded that they are speaking to their bank’s fraud department and that they need to move money into a “safe account”.
These transfers make up 20% of all fraud losses, with victims losing an average of £4,500 each.
TSB said its internal data showed that in October, 81% of scams
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