Think you already know everything about the latest phone scams? You’d be wrong. Scammers are constantly devising new ways to trick the public and in this blog we are going to introduce you to one of their newest tricks: The Amazon Prime Scam.
Bank transfer fraud happens more often than you can imagine. Fraudsters imitate various offial organisations, including banks, to persuade you to move money out of your account and into their hands.
Scammers use manipulative methods to panic real people into handing over their money and details. Perhaps you receive a call or text telling you that your account has been ‘compromised’ and you need to move your money somewhere ‘secure’. Maybe you have to click a link inside a text message or email and log in to your online banking account to stop a transaction. Of course such messages are more often than not fraudulent, but they can look very realistic. Links in text messages may take you to a spoofed albeit realistic version of your bank’s website, making the fraud almost more believable.
Have you received fewer nuisance calls lately? Research by Ofcom would suggest so.
According to this Ofcom research, fewer nuisance calls are being made to UK landlines. So we can all breathe a sigh of relief, right? No, unfortunately not. Scam calls are still on the rise, and they now account for a much larger proportion of the nuisance calls received.
Who doesn’t worry about their money? It’s a completely rational concern. But what happens when scammers play on this feeling? In today’s blog, we will be introducing you to the latest “press 1 scam”, which seeks to exploit your fears and steal your money.
Today we ask you to consider: Is your computer really on the blink, or are you falling victim to a scammer?
It’s the oldest trick in the book. A stranger calls you from a number that you don’t recognise, claiming to be from a company that they actually have nothing to do with. A short while later you discover that money has been stolen from your bank account. But how do the scammers do it?
We first explored this type of scam last year and it is currently on the rise once again.
This week we would like to share news from Europol (The European Union Agency for Law Enforcement Cooperation) and Trend Micro Research, together they released the Cyber-Telecom Crime Report 2019. The report explains our excessive dependence on telecommunications technology nowadays and how scammers take benefits from it by carrying out illegal activities. The cost of telecommunications fraud reached €29 billion according to Europol, as advanced technology dramatically increases fraudsters’ capabilities. tellows has already shared figures of the Missed call (the Wangiri fraud) and Vishing calls frauds before. This time we will have a look at International Revenue Share Fraud (IRSF)! These frauds mentioned above are all infamous telecommunications frauds included in the Cyber-Telecom Crime Report 2019. Continue reading →
This time tellows would like to share some insights about the impact of the Brexit on phone scams and unwanted calls. As we are all concerned, the Brexit is not only a frustrating process, but besides its own complexity and influences, there is also a very annoying side effect – the Brexit scams. Phone frauds are not strange to us, there are many fraudsters in the UK and we often read news about phone scams. However, Brexit is making it worse by providing these scammers more ways to deceive people. Let’s take a look at the latest four Brexit phone scams.
Photo by Priscilla Du Preez and Kevin Grieve on Unsplash
Getting to know the Brexit scams
HMRC Brexit scams
Do you own a business and trade with the EU? If yes, then lets assume you have been told by the government that you have to register for a ‘UK trader number’. Scammers will try to reach you through email, text message or over the phone, and ask for your personal details such as bank account details, internet banking password or offering you a tax refund in exchange for personal or financial details. Continue reading →
The holiday season is here and it gets even better as the new laws regarding nuisance calls have finally come into force!
New Legislation in the The Privacy and Electronic Communications Regulations (PECR)
Nuisance calls have been a troubling issue in the UK for the past few years. According to Which, nearly three quarters of people in the UK receive at least one nuisance call a month. The government has now taken a further step to solve the never-ending problem of nuisance calls. Under the new legislation on the 17th of December, company directors who run unsolicited calls in their companies will be fined by the ICO of up to £500,000. Previously, the Information Commisioner´s Office (ICO) was only able to fine the companies and not the individuals who run the companies. Because of this, company directors have been able to evade justice by dissolving the company and setting up a new business under a different name. Thus, the new rules will give the ICO scope to fine the company, its directors, or both. The change would also allow the ICO to hold individual directors to account where the company fails to pay the fine or is placed into liquidation.
we are very happy to hear that Ofcom has recently strengthened the consumer protection rules. The changes are made in order to provide more protection against nuisance calls, caller ID spoofing, and other types of telephone frauds. The new rules came into force in the beginning of this month and are reviews of the General Conditions of Entitlement, the main rules that all phone, broadband and mobile providers must follow to operate in the UK. Today, we would like to give you an overview of the changes that Ofcom made in order to protect you better against dubious numbers. Check out the key changes below!