Cyber Grinch Strikes: UK Shoppers Lost £11.5m to Festive Fraud Frenzy
UK shoppers lost £11.5m to online fraudsters last Christmas. As Black Friday kicks off the shopping season, the NCSC urges extra caution, especially on social media and online marketplaces. Remember, if a deal seems too good to be true, it probably is—unless it’s a half-price unicorn, then definitely call us.
Hot Take:
Oh, the holiday spirit! A time for joy, cheer, and… cyber fraud? Just when you thought Santa had the market cornered on surprise gifts, it seems scammers have been playing Santa’s evil twins, delivering unwanted surprises straight to your digital doorstep. Who knew the Grinch was tech-savvy?
Key Points:
- UK shoppers lost over £11.5m to online fraud during the last festive season.
- Scammers stole an average of £695 per victim between November 2023 and January 2024.
- Social media platforms were the most cited for scams, followed by online marketplaces.
- People aged 30-39 reported the most fraud cases.
- NCSC is promoting two-factor authentication for safer online shopping.
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