Top tips to help you avoid financial scams after the M&S data breach

You may have seen the recent headlines about Marks & Spencer (M&S) and the significant cyberattacks the retailer has been a victim of, causing immense disruption to its online operations and costing an estimated £300 million in profits.

In this case, scammers have stolen key customer information, which the BBC reported could include names, email addresses, telephone numbers, and dates of birth, and are using this data to scam people through a process called “social engineering”. This involves them pretending to be an authority, such as your bank or the police, and using the small amount of information they have illegally obtained to trick you into giving away more of your personal details, or even steal money from you.

Even if you are not an M&S customer, the story may have left you feeling concerned about being contacted by fraudsters and scammed yourself.

When it comes to financial fraud, knowledge is power. That’s why we’ve produced a brand-new guide, featuring everything you need to know about scams and how to avoid them.

The guide contains all kinds of useful insights into scams, including:

• The cost and impact of scams on victims

• 10 common scams and how to spot them

• How to spot a cloned firm, and five signs of a pension scam

• Why people fall for scams, and how you can prevent yourself from being a victim

• Who to turn to if you’re worried about scams.

To read more about scams and staying safe, download your copy by clicking the button below.

Download the guide

If you’d like to speak to us about keeping your wealth safe and secure from fraud, please get in touch today.