All news with #online fraud tag

Many Germans Neglect Cybersecurity Despite Rising Fraud

🛡️ A BdB survey of 1,057 German adults found that only 54% regularly or occasionally seek information about online security, even as 41% believe they are likely to face online fraud (9% very likely, 32% likely). Nearly a quarter (23%) reported being victims of online fraud in the past two years, yet 82% still consider online banking at home to be safe. BdB CEO Heiner Herkenhoff warns that awareness and basic protective measures significantly reduce the risk of falling for scams.

techUK Urges Collaboration to Tackle Rising Fraud Now

🔍 techUK has published its Anti-Fraud Report 2025, warning that fraud now accounts for 40% of crime in the UK and that an estimated 67% is cyber-enabled. The report urges improved collaboration across law enforcement, banks, tech platforms, telecoms and regulators and recommends a connected anti-fraud ecosystem, wider use of AI and machine learning, and a national Tell Us Once victim-reporting model. It highlights the scale of harm—global losses of about $1 trillion in 2024—and cautions that government action is still being finalised.