Tag: Action Fraud
5 tips for guarding against financial fraud during COVID-19
Price comparison engine GoCompare is urging people to stay safe online as official statistics show a dramatic increase in phishing and online shopping scams as cybercriminals look to capitalise on fears during COVID-19 pandemic. According to Action Fraud’s figures for March 2020, coronavirus-related fraud reports have increased by 400%, with victims’ losses totally nearly £1million.…
Action Fraud warns Instagram users about ‘get rich quick’ schemes
Victims of bogus “get rich quick” schemes advertised on Instagram have reported losing a total of more than £3 million since October, Action Fraud warns. Between October 2018 and February 2019, 356 reports were made to Action Fraud. It said the total loss reported to it was £3,168,464 – an average of around £8,900 per…
Cyber crime victims lose £34.6m in six months, claims Action Fraud
People falling prey to cyber crime have reported losing £34.6 million, the latest numbers from Action Fraud show. Hacking of social media and email accounts continues to be the most prolific means of scamming people online, contributing to more than 5,000 cases out of the 13,357 cyber crimes reported in the six months between April…