Take Five

  • Serious and Organised crime costs the UK economy an estimated £24 billion a year.
  • Fraud is the most prevalent crime in the UK, with an estimated 1,007,094 million incidents of fraud last year (FFA UK 2016 data), and UK card fraud losses of £768 million (FFA UK 2016 data).
  • Alongside being hugely damaging to victims, proceeds from fraud can fund organised criminal activity and has the potential to undermine UK domestic security.
  • The Joint Fraud Task Force, a public-private partnership set-up in 2016 brings together banks, law enforcement and the government to co-ordinate and strengthen collective action against fraud. The taskforce is committed to delivering a national campaign to help protect the UK public against fraud.
  • Take Five is a national campaign that offers advice to help consumers prevent financial fraud. This includes email deception and phone-based scams as well as online fraud– particularly where criminals impersonate trusted organisations. 
  • Take Five is backed by Financial Fraud Action UK (FFA UK) part of UK Finance, HMG via the Home Office and a range of partners including banks, building societies, law enforcement agencies, commercial, public and Third Sector organisations.
  • By working together banks, the financial industry, Government and consumers can help to stop fraud. 

Why Take Five?

  • Criminals operate sophisticated scams that can catch out even savvy consumers.
  • Yet, there are ways to confidently protect yourself from fraud, which starts with taking five seconds and remembering a simple principle/message ‘My money? My info? I don’t think so’ 

Specific scenarios 

  • Push Payment: 
  • A genuine bank or organisation will never contact you asking for your PIN, full password or to move money to a safe account. Don’t give out personal or financial details. 

Clicking on links/files: 

  • Don’t be tricked into giving a fraudster access to your personal or financial details. Never automatically click on a link in an unexpected email or text. 

Personal information: 

  • Always question uninvited approaches and never give out personal or financial details, in case it’s a scam. Instead, contact the company directly using a known email or phone number. 

For more information please take a look at the Take Five Stop Fraud website here