DATA SHOWS INTERNET FRAUD RISE IS FAR FROM OVER – EXPERTS CALL FOR ACTION

Crime statistics being released by law enforcement agencies worldwide tell an unhappy story – that online fraud is growing fast.  Action Fraud, the UK's national reporting centre for fraud and cybercrime, estimates that 80% of reported fraud in the UK in the 2021/2022 reporting year was cyber-enabled (1). In its Internet Crime Report for 2020, the most recent available, the US' Federal Bureau of Investigation (FBI) reported that its Internet Crime Complaint Centre (IC3) received a record number of complaints about online scams from the American public in ...


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