Fraud Measurement: Brits lose ‘staggering’ £580m to fraud in six months as banks urge Big Tech to do more

26 Oct 2023 12:39 PM | Anonymous member (Administrator)

Fraudsters took £580m from Britons during the first six months of 2023, according to a report by banking trade association UK Finance, which urged Big Tech to take more responsibility for online scams.

The group called the issue a “national security threat”, with MPs warning that Britain risks becoming a “safe haven for fraudsters”.

https://www.cityam.com/brits-lose-staggering-580m-to-fraud-in-six-months-as-banks-urge-big-tech-to-do-more/


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