Security and Fraud – Page 2

Fraud prevention – protecting yourself from payment diversion fraud

Payment diversion fraud involves criminals deceiving individuals or businesses into transferring funds to bank accounts under their control.

Fraud prevention – protecting yourself from courier fraud

Courier fraud will usually start with a fraudster contacting their victim by phone and posing as a representative from a bank, utility company, or some other legitimate organisation. They will then pressure their victim into disclosing their personal or financial information, or to transfer funds to a specified account.

Fraud prevention – protecting yourself against fraud at the end of the tax year

Your safety and the security of your money is our highest priority, and we implement stringent safeguarding measures to protect all our customers. However, it’s also important for you to take steps to shield yourself from fraud.

Fraud prevention – protecting yourself from recovery scams

A recovery scam is a type of fraud in which scammers pose as professionals—such as financial advisors, legal experts, or investigators—who claim they can help victims retrieve lost funds from previous scams. These fraudsters often request advance payments or personal information under the guise of assisting in fund recovery.