The UK public and small businesses are today being urged to start making every day safer as the latest online crime figures from Get Safe Online and Action Fraud reveal that a staggering £10.9 billion* was lost to the UK economy as a result of fraud, including cybercrime, in 2015/16.
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Figures released today by Action Fraud and the City of London Police show that over 77 per cent of all victims reporting investment fraud are men with the average age of 65. Their average loss is over £32,000, with most victims living in metropolitan areas.
We have received several reports from victims who have had their Facebook account hacked by cybercriminals who have then sent messages to their friends asking for a favour relating to PayPal.
Yahoo has confirmed a data breach where 500 million user accounts have been compromised by a “state-sponsored actor".
More than 1 million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by Financial Fraud Action UK (FFA UK).
Fraudsters are sending out a mass of constantly evolving phishing emails to personal and business email addresses that contain ransomware and banking Trojans.
Fraudsters have been issuing fake TV Licence refund emails in a bid to steal victim bank account details with a number of potential victims reporting the scam email to Action Fraud.
Victims who have been defrauded in the past are being urged to stay alert after a number of reports of phishing emails claiming to be from City of London Police.