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Online fraudsters have capitalized on the pandemic, using fake texts about Covid-19 vaccines, lockdown fines and missed parcel deliveries to scam UK consumers out of a record £479m last year. There was a 5 percent annual rise in money lost to “authorized fraud” — where customers unwittingly sanction payments to criminals — according to data released by UK Finance, the banking industry body.
“We are seeing a worrying rise in online and technology-enabled scams that evade banks’ advanced security systems and use digital platforms to target victims directly, tricking them into giving away their money or information,” said Katy Worobec, managing director of economic crime at UK Finance.
https://www.ft.com/content/d10d8fa3-1bfb-439b-896b-429c242a1511
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