“It is vital that users remain vigilant to such attacks, checking the origin and legitimacy of sites before handing over confidential financial data.
“It’s also critical that companies ensure they have the necessary cyber security systems in place to protect against malicious communications across all workplace laptops and devices, to keep hackers at bay.”
Figures from Canada Life last month (May 26) showed 5.2m people in the UK had fallen victim to, or knew someone who had been duped by, a financial scam since the beginning of the virus outbreak.
The research found the most common financial scams were related to banking, accounting for 60 per cent of victims, followed by 35 per cent of victims reporting being targeted by an insurance scam.
One in five of these victims had been targeted by a pension scammer amid an increase in fraudsters purporting to offer free pension reviews.
Research from the All-Party Parliamentary Group on pension scams found with more people staying at home, in line with social distancing and lockdown restrictions, it was increasingly likely pension savers would be contacted by scammers via phone or online.
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