Fraud can happen to anyone, at any time, and it can have serious consequences.
A campaign was launched to help raise awareness and combat incidents of fraud as part of the Financial Fraud Awareness Week, which ran from 9th to 15th October 2017.
This initiative is led by the Banking Payments Federation of Ireland (BPFI) and supported by the banking sector. As part of the campaign, research was carried out by the BPFI of which some key findings included:
- 79% of Irish adults have experienced some form of financial fraud, with the most common type being email scams (61%).
- Nearly half (46%) know someone who has been affected by financial fraud.
- 4 in 10 people are concerned about financial fraud in their everyday lives.
- Common types of scams experienced by people are phone scams (39%), text or SMS scams (37%) and online scams (31%).
The BPFI have developed and launched a one stop shop website, FraudSMART.ie, to educate, inform and keep current fraud information easily accessible, so that both businesses and consumers can prevent and protect against falling victim to scams”.
For more information, visit FraudSMART.ie.