TSB has issued a warning on the scale of social media scams taking place through services such as Facebook, WhatsApp and Instagram, as the bank says a significant proportion of the cases it sees have been coming through these platforms.The bank said that its own internal data indicates scams that come through these Meta-owned companies account for around 80% of fraud cases within the three biggest fraud categories at TSB. TSB analysed its customer fraud data from January 2021 to December 2022 to make the findings.
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