The best thing the FFA could do would be to get the banks' marketing departments to train their customers not to get phished, the opposite of what they do now. The next best thing (by a slim margin) would be to get them to fire their marketing departments.
Online scammers speed up: Hit gold every 15 seconds
There were over one million fraud attempts in the UK in the first six months of 2016, or one every 15 seconds - more than 50 per cent higher than the same period of last year. Between January and June 2016 there were 1,007,094 fraud cases in the UK compared to 660,308 in the first six months of 2015. Each case represents a …
COMMENTS
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Tuesday 20th September 2016 12:42 GMT alain williams
£3 out of £10 not noticed by banks
Katy Worobec said: “Last year, banks stopped £7 in £10 of attempted fraud from happening." That makes it sound reasonably effective, if she had said “Last year, banks failed to stop £3 in £10 of attempted fraud from happening." then people would rightly be much more worried.
Why is the director of the organisation that is supposed to fight financial fraud trying to make it sound as if the problem is being addressed -- when it is not ? Does she really care or is she taking pressure from the banks to make things sound good ?
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Tuesday 20th September 2016 14:06 GMT 's water music
Re: £3 out of £10 not noticed by banks
Why is the director of the organisation that is supposed to fight financial fraud trying to make it sound as if the problem is being addressed -- when it is not ? Does she really care or is she taking pressure from the banks to make things sound good ?
I very much doubt that, I mean why would the UK Payments industry set up an independent body if they simply wanted to arms-length* their lobbying? That would be verging on dishonest self-interest and the whole basis of the industry is trust shirley?
*Sorry for verbing**
**not that time
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