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The UK accounts for almost half of the entire sum that was lost across 19 countries surveyed for the report.
https://www.itproportal.com/news/uk-card-fraud-levels-reach-record-high/
Recent research found that one in five adults have fallen victim to fraud in the past twelve months, losing an average of £1,000 per person.
https://thefintechtimes.com/one-in-five-people/
The Real Cost of External Fraud by Professor Mark Button, Dr David Shepherd and Dr Branislav Hock, Centre for Counter Fraud Studies. The University of Portsmouth.
ACI Worldwide has reported that fraud attempts will rise during the holiday shopping season, with click and collect fraud being the fastest growing fraud trend globally.
https://thepaypers.com/news/aci-reports-click-and-collect-fraud-as-a-growing-trend-globally--1239748#.XebY8HaiDIM.twitter
Over a fifth (21%) of UK adults have had their payment card cancelled or replaced as a result of attempted fraud during the past 12 months, according to research by comparethemarket.com.
https://www.finextra.com/newsarticle/34869/one-fifth-of-uk-adults-impacted-by-card-fraud-in-2019
“I’m usually so hot on checking online sellers,” Andy Gerlis says ruefully. “But I was in a rush and I thought I was getting a bargain – so I snapped it up.”
Last year the social media executive, who is in his mid-twenties, fell victim to a scam when searching for a rare video game online.
https://www.telegraph.co.uk/money/consumer-affairs/gen-z-falling-victim-fraud/?WT.mc_id=tmg_share_tw
One in five Brits – the equivalent of 11.5 million people - have been defrauded when shopping online, new research reveals.
https://www.yourmoney.com/household-bills/11-5-million-brits-fall-victim-to-online-shopping-fraud/
Forter, the leader in e-commerce fraud prevention, has announced the release of the seventh edition of its Fraud Attack Index. The report tracks shifting behaviours in online businesses across a variety of industries.
https://thefintechtimes.com/loyalty-program-fraud/
In just half a year, fraud attacks against business-to-consumer (B2C) organisations have increased 63 per cent, according to a new global report by RSA.
Fraudsters are targeting multichannel services and taking over shoppers’ retail accounts following the industry’s success in preventing payment fraud.
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