Stay Safe from Scams

In the first half of 2023, £239.3 million was stolen through Authorised Push Payment scams (source: UK Finance). These scams trick people into sending money directly to criminals' accounts.

Anyone can fall victim, especially when busy or distracted. Boom Community Bank supports the Take Five campaign, which offers straightforward advice to prevent fraud. Their ‘ScamSceptible’ campaign helps you understand your vulnerability to scams.

Take Five Advice:

• Stop. Think before you part with your money or information.
• Challenge. Question if the request could be fake.
• Protect. Report any suspicious activity to your bank immediately.

Use the ScamSceptible tool to check your susceptibility and learn protection strategies.

For more money management tools, visit our Money focus page.