I had a fraudulent transaction made last week on my Bank account.
Scammer managed to Phone up my bank and give all personal details but more worryingly passing all of the security checks to make a new transaction transfer of £8K to another account.
Luckily bank have refunded the money, however I feel like the bank should not have allowed this to happen with a phone call especially with the security questions and checks you must go through to complete a new transaction or payment.
I understand that unfortunately name, address, and even bank account sort code can be obtained by fraudsters nowadays but how the hell did they phone up and pretend to be me (similar voice according to fraud squad) and pass all security questions with my bank?
Do I have a case for a complaint/compensation claim due to breach of data/confidentiality with the bank? Did they miss or let something slide?
The fraud team we spoke to said they had no idea how this was allowed to go though and it shouldn’t have happened.
Card cloning, atm etc scammers online I’m familiar with but the fact this fraudster phoned the bank and pass security checks is highly concerning especially as I don’t even remember the security question when phoning the bank as we haven’t used it for donkeys years.
Where do I stand?
Am I Right to take this further?