Tag: Fraud
Deepfake fraud on ‘industrial scale’ as barriers to entry disappear
Deepfake fraud has officially reached an “industrial scale,” according to chilling new analysis by AI experts. The report, highlighted by The Guardian, warns that tools used to create hyper-realistic, tailored […]
AI tool helps UK government recover £500 million lost to fraud
The UK government has announced that a new artificial intelligence (AI) tool has helped recover almost £500 million in public funds over the past year. This is the largest sum […]
Over half of users who follow financial advice on social media lose money, TSB claims
New research from TSB reveals that over half (55%) of individuals who acted on financial advice found on social media platforms subsequently lost money. Based on a survey of nearly […]
AI-generated music fuelling fraudulent streams on Deezer
A new report from French streaming platform Deezer indicates that a staggering 70% of streams of AI-generated music on its platform are fraudulent. While AI-made music currently accounts for a […]
Fraud now constitutes 40% of UK crime, soaring identity theft fuel surge
Shocking new data reveals that fraud now accounts for a staggering 40% of all crime in England and Wales, with experts identifying card identity theft as the fastest-growing threat. A […]
QR codes being hijacked for subscription traps and scams
Have you spotted a recurring payment to a company you’ve never heard of? You’re not alone, as subscription traps – often linked to dodgy QR codes – are one of […]
1 in 3 have experienced a scam on second-hand marketplaces in last 2 years, Which? warns
A third of buyers have experienced a scam on popular second-hand marketplaces in the last two years, Which? warns. A Which? survey of more than 1,000 second-hand marketplace buyers and 1,000 second-hand […]
5 online scams – and how to avoid them
Research shows that almost three in four UK adults have fallen victim to scams¹. With crime rates rising alongside the cost of living crisis², the experts at Independent Advisor VPN […]
Scammers profited over $658 million from social media users in H1 2023
According to data presented by the Atlas VPN team, social media scams earned fraudsters an astounding $658M just in H1 2023, exponentially higher than any other contact method. Compared to 2022, total reported fraud losses increased by […]
New figures reveal worst UK regions for fraud, as phone thefts rise 31%
Fraud cases in Scotland have increased by two-thirds in the last year, according to new research by AI and analytics leader, SAS. Phone thefts across the UK have also jumped […]
