Bank of Ireland is today warning customers that fraudsters do not just try to fool you for one day, they are always active.
The bank said that financial fraud can lead to devastating loss of income and savings.
Bank of Ireland said today that the ten most commonly reported frauds are:
Investment scams - promising higher returns on investments that do not exist.
Smishing texts - scam texts claiming to be from delivery companies and other providers urging you to pay outstanding charges or update account details.
Vishing calls - fraudsters pretend to be from your bank, saying your account has been compromised and they need to move your money to a "safe account".
Purchase scams - fake adverts on genuine websites and social media platforms that promise a slashed price or bargain.
Romance scams - fraudsters build relationships online to manipulate victims into sending them money.
Family impersonation - fake messages pretending to be from a family member who has lost their phone and needs access to money.
Rental and holiday scams - fraudsters trick people into paying rent for property that does not exist or is not actually available to rent.
Money mules - criminals try to recruit people into receiving stolen money into their account, then transfer it to another account and keep some of the cash for themselves as "payment".
Malware - harmful apps that ask for full control of your device allowing fraudsters to control your phone and access private information like your banking app.
Phishing emails - fraudsters send emails that look like they are from legitimate companies, asking for personal information or login credentials.
Nicola Sadlier, Head of Fraud, Bank of Ireland, said that fraudsters do not just try to fool you for one day, they never take a break and are always on.
"Our latest fraud reporting data shows that investment fraud is still the most concerning scam targeting our customers. The level of highly personalised targeting, with fraudsters promising higher returns on bogus schemes, continues to grow," she said.
"Smishing texts and vishing attempts continue on a persistent basis. Fraudulent advertisements online and on social media have been the subject of regular warnings for some time and the trend is not going away. And some new types of fraud including accessing devices using malware are happening more often," she cautions.
Ms Sadlier said that all fraud types are serious criminal activity and there is no room for complacency. Being alert to the "red flags" - including "too good to be true" returns and pressure to act quickly - is vital.
Bank of Ireland offers a 24/7 fraud telephone support for customers on 1800 946 764, available every day of the year.
It said it will never send you a text or email with a link directly to the login page of its online banking channels asking you to confirm or update your banking details.
Bank of Ireland will also never ask you to click a link in a message with an urgent warning about suspicious activity on your account, will never ask you to transfer money out of your account to protect you from fraud or will never ask you to send your bank card back to the bank.
