Don't fall victim to this text message scam

Posted by Richard Catlin in Identity Theft on 15 June 2015 - Richard is Marketing Director at checkmyfile.

Financial Fraud Action UK (FFA UK) is warning consumers to be extra vigilant, as a new text message scam sweeps the country.

The texts claim that there has been fraudulent activity on the recipients bank account, with a link to a website or phone number which, unsurprisingly, are controlled by the fraudster. They then attempt to garner personal information and security details which they can use to access the real account and steal funds.

The key difference in this particular scam is that the criminals use specialist software that changes the ‘sender’ ID on the text so that it appears to come from the recipients bank. This means that in most cases, it will sit in an existing ‘thread’ and appear much more genuine.

A second tactic involves a text that seems to come from a landline, simply asking the customer to call their bank. Again, it’s a con that relies on someone simply calling the number in the message, and is designed to steal personal information.

The easiest way to avoid falling victim to such scams is simply to be vigilant. Don’t call numbers directly from messages – look on the back of your bank card instead. It might mean going through a couple of extra choices in any automated telephone system but it’s definitely worth it.

Your bank will never ask you for your PIN or password, or advise you to respond to a text message to confirm a transaction – so if in doubt at all, ignore any such request.

Identity theft may be somewhat overblown in the media, but if you are unlucky enough to fall victim, it can be an invasive, time consuming experience that is not easy to put right. Prevention is far better than cure.

In addition to simply being more vigilant, checking your credit report regularly can also help you spot any unusual activity, and reduce your chances of falling victim.

Identity Fraud: What To Do If It Happens To You

Year on year, there has been a substantial rise in the number of identity fraud cases being reported to organisations such as Cifas, the UK’s fraud prevention service. It’s no real surprise when you consider the crime can be committed from the comfort of someone’s home without ever having to risk showing their face.

Published on 6 Feb 2018 by George Coburn

Full Article

What's a Politically Exposed Person (PEP) & Why is it on my Report?

PEP stands for Politically Exposed Person, which would typically relate to an individual who has a prominent public title or function. If you receive this classification, often you will have to undergo additional security checks when applying for finance. Your credit file will tell you if you have been identified as a PEP, however for most people it isn’t something they’ll need to worry about.

Published on 8 Jan 2018 by Paul Anderson-Riley

Full Article

Brits continuing to fall for HMRC and Apple gift card scam

At the face of it, it seems a bit odd that the company responsible for collecting taxes would request payment from individuals in the form of an Apple iTunes gift card, but according to Action Fraud, this scam has continued to be profitable for fraudsters. The scheme first came to light in May last year and Action Fraud have received hundreds of complaints since then.

Published on 30 Jan 2017 by George Coburn

Full Article

Yahoo’ve been hacked – Yahoo in largest ever reported data breach

In the last two years, we have already been alerted to data breaches at Three Mobile, Tesco Bank, TalkTalk, Morrison’s, Steam and Sage, amongst others. The scale of these hacker attacks have varied. But none have come close to the newest report.

Published on 16 Dec 2016 by Ben Tumilty

Full Article

Lloyds bank letter scam

Millions of consumers have been warned to be vigilant and question written correspondence from their banks following a sophisticated scam which has targeted customers of Lloyds Bank.

Published on 12 Dec 2016 by Kirstie Brown

Full Article

Digital footprints - taking a step in the right direction

Credit reports and the internet are now not too far away from each other in evaluative skill, as there is a lot that can be learnt about an individual from their online presence.

Published on 1 Dec 2016 by Paul Anderson Riley

Full Article

Another giant data breach

Only last year a communications giant had a serious data breach, which left customer’s details in the hands of fraudsters. But following in Talk Talk’s footsteps, the mobile giant Three have revealed that over 400 phone handsets had been stolen thanks to a security breach where fraudsters were able to login to Three’s systems.

Published on 22 Nov 2016 by Ben Ryland

Full Article

The Taxing Scammers

Some people question paying taxes in the first place, so it’s no surprise that around 50,000 people a day are being targeted as a part of a tax refund scam in the UK. Personal details have been shared with scam artists pretending to be government officials claiming that a refund could be due.

Published on 1 Nov 2016 by Paul Anderson Riley

Full Article

British banks still failing to protect customers from ID theft

Consumer group Which? has today criticised some of the biggest banks in Britain for failing to invest in security systems that would better protect their customers from fraudulent activity. This criticism comes as a result of a 64% increase in online banking fraud last year alone, with losses of £133.5m. Fraud for phone banking rose 28%, with losses of £323.3m.

Published on 27 Oct 2016 by Kirstie Brown

Full Article

How Protective Registration Can Help You

One harsh truth about fraud is that if you have fallen victim of one of the many fraud rings operating in the UK, it is quite likely that you’ll be targeted again.

Published on 20 Oct 2016 by George Coburn

Full Article


We have loads of great customer reviews