Fraud poses a major threat to the UK. It’s a crime that the finance industry is committed to tackling, but it’s also one that requires the combined efforts of every sector, both public and private, to overcome.
Take Five is a national campaign that offers advice to help everyone protect themselves from financial fraud. This includes email deception and phone-based scams as well as online fraud – particularly where criminals impersonate trusted organisations.
Businesses are often a target for criminals as their accounts generally hold more money than the average consumer. Small and medium sized enterprises (SMEs) can be more at risk than other businesses as they may have fewer protective measures to detect fraud and less regular training on the issue.
The quiz helps employers and employees confidently challenge situations where criminals may be targeting their business. It aims to give people the knowledge and ability to spot real-world scam calls, texts, emails and social media posts.
Take Five to Stop Fraud is urging businesses to take the quiz to help protect themselves from fraud and scams and to follow the advice of the Take Five to Stop Fraud campaign:
- Stop: If you receive a request to make an urgent payment, change supplier bank details or provide financial information, take a moment to stop and think.
- Challenge: Could it be fake? Verify payments and supplier details directly with the company on a known phone number or in person first.
- Protect: Contact your business’s bank immediately if you think you’ve been scammed and report it to Action Fraud.
For further information please select the following link: Small businesses struggling to spot scams | Take Five (takefive-stopfraud.org.uk)