Criminals are claiming to help people cut their winter fuel bills in a scam which enables them to set up digital wallets using victims’ card details, fraud prevention bodies are warning.
But what criminals are actually trying to do is encourage people to divulge their bank’s one-time passcode, so that they can link the victim’s card details to a digital wallet set up by the scammer.
Garry Lilburn, operations director at Cyber Defence Alliance, said: “Our investigations have shown that international organised crime groups are orchestrating these scams and selling on compromised card details so other criminals can easily buy goods and services.
Mike Haley, chief executive of Cifas, said: “Scammers are using new technology to change their tactics at speed and find new ways to abuse consumers’ trust and steal from their bank accounts.
Dianne Doodnath, principal of economic crime at banking and finance industry body UK Finance, said: “Criminals are sophisticated and will make every attempt to steal personal and financial information.
