Last updated November 21, 2024 – 2:45 p.m.
Scam Detectors is a new podcast from Featurespace, a global fraud and financial crime prevention company.
Hosted by technology journalist Jane Wakefield, this podcast aims to raise awareness of the growing number of scams and highlight what you can do to protect yourself.
Jane has over 20 years' experience at the BBC, investigating the sophisticated techniques used by fraudsters, how banks are integrating technology to protect their customers, and how consumers can avoid fraud. We will focus on different types of scams, including tips.
The first episode, released during the BBC's Scam Safe Week, features insights from BBC Cyber Correspondent Joe Tidy and how one individual became the target of scammers through a dating app and lost around $60,000. It focuses on romance scams, based on Tanaka's first-hand experience.
This follows recent research by Featurespace and Opinium which found that three in 10 UK adults (30%) have been victims of financial fraud, and more than half (55%) have attempted fraud in the past year. It has become clear that the number of 12 months.
According to data from the National Crime Agency, fraud is currently the most common crime in the UK. This accounts for 40% of all crime recorded in England and Wales, while around £1.2 billion was lost to fraud in the UK last year, according to UK Financial Statistics.
Three in 10 U.S. consumers have been scammed in the past five years, and U.S. fraud victims lose an average of $545, according to research conducted by PYMNTS Intelligence on behalf of Featurespace. I understand that.
According to the report, romance scams had the greatest financial impact, with an average loss of about $2,000, followed by investment scams, which cost U.S. victims an average of $1,104.
Romance scams tend to be longer in duration, with victims making an average of 3.6 payments, almost twice as many as other scams.
Featurespace is the latest signatory of Which? The Anti-Fraud Coalition is calling on the new government to make fraud prevention a national priority and provide leadership to help businesses share information to better detect consumer fraud. There is. Other signatories include UK Finance, Pay.UK, NatWest and BT.
Martina King, CEO of Featurespace, commented: “As scams become increasingly sophisticated, it can become extremely difficult for people to protect themselves from scammers. This podcast raises awareness of the growing threat of scams and provides practical advice on how to protect yourself. Provide people with tips.
“Hearing first-hand how fraud is impacting people’s financial, emotional and mental health is heartbreaking, but also a reminder of the importance of defeating this crime. .
“We would like to thank our clients for their efforts to protect their customers and mitigate losses for all those affected.”
Jane Wakefield added: “This podcast series provides interesting insights into scammers’ methods so we can all stay one step ahead, while also sharing experiences that shed light on this important topic with real victims. provide an opportunity.
“We also delve into the challenges financial institutions face in combating fraud and the different approaches banks are taking to tackle this increasingly important issue. , we can focus on the entire fraud lifecycle with our expert guests.”
The Scam Detectors podcast is available on the Featurespace website.
