Financial scams soar as crooks snatch phones and manipulate vulnerable victims

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UK banks saw a staggering rise in financial scams last year, as growing public awareness was offset by criminals pivoting towards victim manipulation to get their hands on sensitive information.

Banks reported a 62 per cent rise in social engineering scams, in which attackers manipulate victims into authorising payments themselves, as they turned away from https://www.cityam.com/financial-scams-soar-as-crooks-snatch-phones-and-manipulate-vulnerable-victims/">[...]