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…

1 in 8 Brits who use internet dating have been targeted by romance scam

One in eight Brits (12%) who have tried internet dating have been targeted by romance or phishing scams, research by cybersecurity company NordVPN can reveal. These cons see fraudsters match with another user and then try to drain their bank account, either by dangling the promise of a romantic relationship or encouraging them to share personal details.  …

The 12 Scams of Christmas

Every year, scammers take the opportunity to target consumers shopping online around the Christmas period with new and old scams. This leaves people increasingly vulnerable. Together with James Walker, CEO of consumer data action service Rightly, we identify and explore twelve common scams that pop up at Christmas and explain what consumers should look out…