This marks at least a £1.1 million increase over the previous year, and Britain’s cyber chief says that AI is partly to blame. During last year’s festive period, over £11.5 million was lost to online ...

The UK Finance Annual Fraud Report reveals that criminals stole £1.28bn through payment fraud in 2025, a 4% increase on the previous year. Authorised push payment (APP) fraud losses rose even more ...

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Financial fraud has become one of the UK’s most damaging, persistent, and underestimated national threats. The appointment of the UK’s first Fraud Minister marks a decisive moment—one that could, if ...

UK consumers received GBP 3.5 billion through friendly fraud in 12 months, with 6.5 million claimants and repeat behaviour a ...

Many will also wrestle with feelings of embarrassment around having been a victim of this crime." The investment platform ...

UK consumers have been on the receiving end of a huge influx of online fraud, losing over £11bn ($13.8bn) in the past 12 months, according to Cifas. The fraud prevention non-profit surveyed 2000 Brits ...

Britain’s biggest mobile networks have agreed to overhaul their systems to stop scammers using fake numbers to impersonate banks and government departments. As ministers seek to stem the growing tide ...

A network of at least four organizations running illegal scam centers in Southeast Asia has been sanctioned by the UK and US government. The sanctions will freeze these businesses and properties some ...

Industry associations the GSMA and UK Finance outlined the ability of an API-delivered platform to battle authorised push payment fraud in the UK, a service developed in collaboration with local ...