online fraud

Biometrics: A cure for UK’s identity fraud ‘epidemic’?

Identity fraud has hit "epidemic levels" in the UK, according to new findings from fraud prevention service Cifas. The number…

Is technology to blame for the outrageous scale of financial fraud in the UK?

Another perfect tech storm has become evident following the sharp increase in levels of financial fraud following reports of the…

Tesco Bank Hack: Online banking frozen after 40,000 customers hit and money stolen from 20,000 accounts

Tesco Bank has suspended online payments after it detected ‘suspicious activity’ over the weekend. The bank said that around 20,000…

Online fraud and cybercrime costs UK economy nearly £11 billion a year

According to data from Action Fraud, the UK economy potentially lost a staggering £10.9 billion to fraud and cybercrime in…