Counting Cost of Fraud: Scammers Stole Over £421 Million Last Quarter

Uswitch analysis found that scammers stole £422 million last quarter, from 92,739 reported cases of fraud Brits lost £1,212 million to credit card fraud in 2022, down 5% from the previous year Over three quarters (76%) of fraud was credit card fraud Data suggests £26.1 million was lost through fraudulent ATM withdrawals The new credit card fraud report from Uswitch analyses police figures and the UK…

9 in 10 employees re-use passwords in workplace, survey shows

Open-source password manager Bitwarden has announced the results of its 2023 Password Decisions Survey. The survey, which polled 800 IT decision-makers across a wide range of industries, shows that passwordless technology is here to stay. According to the survey, roughly half of respondents deploy or have plans to deploy passwordless technology. Of that percentage, 66%…