Latest news with #TakeFiveWeek
The Independent
11-05-2025
- Business
- The Independent
Spouses and mothers ‘safest pairs of hands to protect finances'
About two in five (43%) people say they trust their spouse or partner the most to be a 'safe pair of hands' when protecting their finances, while a quarter say their mother is safest and 23% put most trust in their father, a survey has found. The research, released by the Take Five to Stop Fraud campaign, found that among those who take steps to protect themselves from fraud, about half (51%) regularly monitor their bank accounts. Only one in 11 (9%) speak to those they trust to sense-check requests, just 27% challenge requests and only 39% take time to stop and think. Take Five said more than £3 million was lost each day on average to financial fraud in the first half of last year. It said fighting fraud is like a 'team sport' and everyone can learn to spot the warning signs of scams and block them before they cause harm. Catriona Still, spokesperson for Take Five to Stop Fraud, said: 'Fraudsters are constantly evolving their tactics, just like tough opponents on the pitch. 'They'll often try to rush or pressure you, targeting your money or personal information. 'That's why Take Five is uniting football tactics with fraud prevention – to help people slow down the game, challenge their opponents and be their own safe pair of hands to stop scammers in their tracks.' Take Five to Stop Fraud is run by banking and finance industry body UK Finance. The research was published as Take Five Week (May 12 to 18) gets under way. Take Five is urging people to follow its 'stop, challenge, protect' advice: 1. Stop. Take a moment to stop and think before parting with your money or information. It could keep you safe. 2. Challenge. Could it be fake? It is OK to reject, refuse or ignore any requests. Only criminals will try to rush or panic you. 3. Protect. Contact your bank immediately if you think you have been scammed. Scams can be reported to Action Fraud. Take Five has also launched an interactive online game and encourages people to test their defences to see if they are 'match ready' to fight fraud at Its survey research among 2,000 people across the UK was carried out by Censuswide in April.
Yahoo
11-05-2025
- Business
- Yahoo
Spouses and mothers ‘safest pairs of hands to protect finances'
About two in five (43%) people say they trust their spouse or partner the most to be a 'safe pair of hands' when protecting their finances, while a quarter say their mother is safest and 23% put most trust in their father, a survey has found. The research, released by the Take Five to Stop Fraud campaign, found that among those who take steps to protect themselves from fraud, about half (51%) regularly monitor their bank accounts. Only one in 11 (9%) speak to those they trust to sense-check requests, just 27% challenge requests and only 39% take time to stop and think. Take Five said more than £3 million was lost each day on average to financial fraud in the first half of last year. It said fighting fraud is like a 'team sport' and everyone can learn to spot the warning signs of scams and block them before they cause harm. Catriona Still, spokesperson for Take Five to Stop Fraud, said: 'Fraudsters are constantly evolving their tactics, just like tough opponents on the pitch. 'They'll often try to rush or pressure you, targeting your money or personal information. 'That's why Take Five is uniting football tactics with fraud prevention – to help people slow down the game, challenge their opponents and be their own safe pair of hands to stop scammers in their tracks.' Take Five to Stop Fraud is run by banking and finance industry body UK Finance. The research was published as Take Five Week (May 12 to 18) gets under way. Take Five is urging people to follow its 'stop, challenge, protect' advice: 1. Stop. Take a moment to stop and think before parting with your money or information. It could keep you safe. 2. Challenge. Could it be fake? It is OK to reject, refuse or ignore any requests. Only criminals will try to rush or panic you. 3. Protect. Contact your bank immediately if you think you have been scammed. Scams can be reported to Action Fraud. Take Five has also launched an interactive online game and encourages people to test their defences to see if they are 'match ready' to fight fraud at Its survey research among 2,000 people across the UK was carried out by Censuswide in April. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
01-05-2025
- Business
- Yahoo
YBS's Bank Street branch to host financial fraud protection event
A Bradford building society branch is set to host an event to help people protect themselves from financial fraud. Yorkshire Building Society's Bank Street branch will hold the event on Monday, May 12, from 9.30am to 1pm, as part of the national Take Five Week initiative. The event is open to the public as well as Yorkshire Building Society customers, and will include advice on how to spot common types of financial scams. Participants will also be directed to information and tools to help keep them and their money safe. Polling commissioned by Yorkshire Building Society and carried out by Opinium in May 2024, with a sample of 2,000 nationally representative adults, indicated that 56 per cent of respondents had experienced some form of scam. Alison Alexis, branch manager at the Bradford branch of Yorkshire Building Society, said: "We're delighted to get behind Take Five Week with this event in Bradford. "Most people have come into contact with a financial scam at some point in their lives, and fraudsters are using many different techniques to try and get to people's information and money." For more information about Take Five Week, please visit
