Staying Vigilant - Financial Scams
Sadly, as we live and work through the Covid-19 pandemic, cyber criminals remain active and we continue to hear of some distressing cases. Financial scams look and sound legitimate, which is why it’s easy to be tricked. We urge everyone to be on their guard and remain vigilant. If you are concerned about anything you receive by email or phone relating to your finances that you don’t recognise or aren’t expecting, please do not hesitate to contact us for advice.
Financial scams take many forms and could be about insurance policies, pensions transfers, or high-return investment opportunities, including investments in crypto assets. They may also be looking to gain access to your personal details, by asking you to download something on your phone or computer. Scammers are sophisticated, opportunistic and will try many things.
The Financial Conduct Authority (FCA) has a dedicated link within their website entitled scamsmart: which is designed to help people who have any concerns about a firm that may have approached them about a perceived opportunity.
Further to these, we are aware of some people receiving phone messages from individuals claiming to represent Amazon, who have concerns that somebody is trying to scam their Amazon account. They normally then encourage you to download some software to your phone or computer which will then provide them with the information they require to scam you. Interestingly, Amazon themselves actually have a section on their website about such a situation, highlighting how seriously they are taking this.
With so much happening at present, it is important to remain vigilant and our advice remains the same.
1If you are unsure of anything about your finances, speak to us at County Financial.
2Don’t do anything in haste. If in doubt, put the phone down or delete the email.
3Never provide any personal information such as a PIN or password.
4Ensure you use a strong password system
Finally, let’s spread the message about scams. Feel free to pass on this advice about scams to others. Everyone is vulnerable and sadly cyber criminals will remain active. By being aware of the signs to look out for, you can reduce the risk of becoming a victim and you can also offer some guidance to others, through articles such as this.
We hope you have found the above helpful. Please do not hesitate to contact us if you have any questions.
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