More

    Businesses urged to safeguard against remote access frauds

    Photo: iStock

    Businesses have been warned over an increase in remote access frauds as Action Fraud, the national reporting centre for fraud and financially-motivated cyber crime, has received over 30 crime reports since June this year.

    Victims reported losing over £3.8 million to this type of fraud during this period.

    According to the National Fraud Intelligence Bureau the common tactics used in remote access frauds includes:

    • Contacting the victim claiming to be a representative from their bank or from a financial services salesperson
    • Convincing the victim to install a piece of software that enables remote access to their computer, claiming that it’s required to install an important software update
    • Instructing the victim at some point during the call to login to their online banking account and once the victim has done this, the remote access software is used to blur the victim’s screen whilst the scammer makes fraudulent transactions from the victim’s account without their knowledge.
    • The victim is also asked to read out a series of numbers the scammer claims they have sent to the victim’s mobile. In reality, the numbers are a one-time verification code from the victim’s bank which, if shared with the scammer, will allow them to transfer money out of the victim’s bank account.

    “Remote access fraud can be devastating for businesses. We want to empower businesses to be aware of this type of fraud and train their employees up, to make sure we can stop these frauds before they happen,” Megan Haldane, cyber protect officer at Avon and Somerset Policem commented.

    “We also know businesses often don’t report fraud and urge any business who has experienced any form of fraud to report direct to Action Fraud.”

    To protect against remote access scams, always remember:

    • Your bank will never ask you to grant remote access to your computer or smartphone
    • Any one-time verification codes sent to you by your bank should never be shared with anyone
    • If you believe your laptop, PC, tablet or phone has been infected with a virus or some other type of malware, follow the National Cyber Security Centre’s guidance on recovering an infected device
    • Received a suspicious call from someone claiming to be from your bank? Hang up, wait a few minutes, then call your bank using the contact number on the back of your debit card, or use the contact information on their official website or app.

    If your business has fallen victim to fraud or cybercrime, report it to Action Fraud at www.actionfraud.police.uk or by calling 0300 123 2040.

    Latest

    Bira launches first multi-supplier app with SwiftCloud 

    The British Independent Retailers Association (Bira) has launched its...

    KP Snacks invests over £1.5m in Tyrrells brand push

    ‘Tyrrellbly Tyrrellbly Tasty’ campaign promotes great tasting British Range  KP Snacks...

    VK amps up the party for UK freshers

    Celebrates ten years as no.1 trad RTD for...

    THIS receives £1.5 million investment from ITV

    Plant-based meat business THIS has received £1.5 million of...

    Don't miss

    Bira launches first multi-supplier app with SwiftCloud 

    The British Independent Retailers Association (Bira) has launched its...

    KP Snacks invests over £1.5m in Tyrrells brand push

    ‘Tyrrellbly Tyrrellbly Tasty’ campaign promotes great tasting British Range  KP Snacks...

    VK amps up the party for UK freshers

    Celebrates ten years as no.1 trad RTD for...

    THIS receives £1.5 million investment from ITV

    Plant-based meat business THIS has received £1.5 million of...

    Funkin Cocktails doubles down on quality with new Double Shot range

    Cocktail brand Funkin Cocktails, the first cocktail company to...

    Bira launches first multi-supplier app with SwiftCloud 

    The British Independent Retailers Association (Bira) has launched its first ever multiple supplier app with leading Software as a Service (SaaS) provider, Adventoris, on...

    THIS receives £1.5 million investment from ITV

    Plant-based meat business THIS has received £1.5 million of investment from broadcaster ITV in exchange for advertising inventory across its channels and streaming service. As...

    Ex-Carrefour boss takes over Morrisons as Potts steps down

    David Potts is stepping down after nine years as chief executive of supermarket giant Morrisons. He will leave in November, and be succeeded by...