News
8 items found
24 Apr 2026
Men in twenties most at risk of sextortion as Nationwide issues warning around risk of sharing images
- Nationwide’s analysis of 50 cases finds sextortion scammers zeroing in on young men
- High school and university students targeted on average nearly twice a week (seven times a month) according to research
- They also admit to sharing intimate images (17%) and over a quarter (26%) private information
- 71% of 16-24s are the most worried about younger people sharing images vs 61% of all ages
- 22% of high school and secondary or university students have been scammed and find scams harder to spot
- Sextortion explainer and red flags to watch out for
19 Nov 2024
Black Friday Set To Break Records Again As Brits Use Sales To Get A Headstart On Christmas
- Black Friday transactions to be 9 per cent higher than 2023 with Brits expecting to spend average of £278
- Nationwide members predicted to spend £233K per minute on the day, an uplift of 12 per cent versus last year
- Research shows over 80% of people plan to take part in Black Friday and 1 in 3 return up to 5 items each year
- Live data: Consumer spending data (payments and fraud) to be available for media on Black Friday. Spokespeople will be available for interview throughout the day
08 Aug 2022
Building of a scam: Rogue traders and email hack scams the perfect partners in crime
- More than half of people have had a knock on their door offering to do work on their homes
- 18% received an email invoice for work but 35% don’t know fraudsters can intercept messages
- One in five have had email hacked, while nearly a quarter (24%) have been victim of email hacks
- 21% have authorised a payment that has been flagged as suspicious by bank or building society
- Nationwide’s Scam Checker Service allows members to check a payment before making it
11 Mar 2022
Paws for thought: Pet scams soar as crooks get their claws into those looking for a furry friend
- Purchase and advance fee scams involving pets rose 39 per cent between 2020 and 2021
- Average amount lost to reported scams involving pets around £1,400
- Separate poll suggests scams involving dogs are most prevalent
- 12% would use social media to find a pet while 32% would pay a deposit before meeting the animal
- New research comes as world’s biggest dog show Crufts currently takes place in Birmingham
14 Feb 2022
Love is Blind: Feelings of loneliness and isolation go hand in hand with romance scams
- Three in ten people who are lonely & socially isolated say it makes them ripe for romance scams
- Number of people saying they’ve no contact with friends and family trebles since March 2020
- Two thirds have felt suspicious over dating profiles but 12% would carry on flirting regardless
- Young people particularly vulnerable as more use dating apps and more have felt ‘on their own’
- Follows Nationwide’s launch of Scam Checker Service, available in branch or over the telephone
10 Dec 2021
Buy now, think later: one in eight Brits risk being scammed this Christmas as they flout basic checks
- Low stock on must-have items forces Brits to snap up items as soon as they are spotted
- One in eight would rush into a purchase this year even if it looked too good to be true
- More than one in ten have been duped yet one in three say they’ll never be scammed
- Nationwide data suggests those aged between 21 and 30 most susceptible to purchase scams
- Two-thirds store details on websites, but one in eight don’t know how many their details are on
27 Sep 2021
Nationwide announces new service to give members enhanced scam protection
- New Scam Checker service allows members to check a payment they may be worried about
- Promise to refund those who go on to be scammed after being given the green light
- Analysis suggests 65% of scams could be identified and stopped by speaking to someone first
- Society campaigns for improved Online Safety Bill and enhanced code to protect scam victims
24 Sep 2021
Mule regret it: Cash-strapped students an easy target for fraudsters as one in three willing to take a gamble with money
- Money worries make third of students consider opportunity to make easy money, even if suspicious
- Nearly a third of students would allow someone else to use their account/transfer money for them
- Two thirds of students don’t know what a money mule is (vs UK average: 56%)
- Only half of students would tell the police if approached to be a money mule
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