Online scams hub launched by The Nottingham

Img

The mutual noted there had been a jump in scams playing off the Covid-19 crisis, with more than 11,500 pandemic-themed phishing scams reported to Action Fraud between March and June.

The Nottingham said that with more of its elderly and vulnerable members turning to online banking for the first time due to the pandemic, it made sense to produce an online scams and security hub to help people stay alert to the threat.

Emma Young, senior financial crime manager at The Nottingham, explained that the hub includes information on everything from how fraudsters are using the pandemic to cash in to how people can stay alert and prevent falling victim to scams.

She continued: “It’s also a useful support piece for our branch and other member-facing colleagues as it also includes UK Finance information about what financial abuse may look like – valuable details that can help identify the victims of financial crime or those most vulnerable to it.

“And it is a key aspect of our community work too because a key part of financial education is not just advice about the value of money and how to save, but also how to keep those funds, and yourself, safe too.”