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Banks issue warning about Covid-19 scam attempts

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The banking industry here has warned consumers to be on the lookout for an expected rise in online fraud and scam attempts that try to take advantage of the circumstances around the Covid-19 crisis.

The Banking and Payments Federation Ireland (BPFI) FraudSMART campaign says people need to be extra vigilant, take their time to do relevant checks and always report suspicious activity to their bank or local Garda station immediately.

It follows a rise in fraud and scam attempts under the cover of the Covid-19 pandemic in other countries, including the UK. The warning comes as new figures from the BPFI show that overall card fraud across the banking industry reached €12m in the first half of 2019. "In the coming weeks and months we believe that

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