UK loses £11 billion a year to fraud and cybercrime
British businesses and members of the public lost a combined £10.9 billion pounds to fraud last year, according to new figures from anti-fraud groups.
Averaged across the whole adult population of the UK that equates to around £210 per person, but Action Fraud and Get Safe Online warn that the real figure is likely to be even higher.
Those polled by the group who said they had been a victim of online crime lost an average of £523 each but almost 40 per cent of victims said they hadn’t bothered to report the incident. More than a third (38 per cent) said they felt the matter was too trivial... read more