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Unveiling digital fraud: A deep dive into scam trends and crime prevention in the UK payment sector

The Payments Association

Other Channels Exploited Email services and search engines are targeted via phishing emails and fraudulent ads, redirecting victims to fake websites or impersonated organisations. Other platforms also affected: Search engines and email services are commonly used for phishing schemes and fraudulent advertisements. million in losses.

Scams 88
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Unveiling digital fraud: Insights into scam trends and prevention in the UK payment sector

The Payments Association

Other Channels Exploited Email services and search engines are targeted via phishing emails and fraudulent ads, redirecting victims to fake websites or impersonated organisations. Other platforms also affected: Search engines and email services are commonly used for phishing schemes and fraudulent advertisements. million in losses.

Scams 88
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The state of fraud in 2024: Key mid-year takeaways

The Payments Association

Whether through fake profiles, phishing emails, or fraudulent advertisements, criminals are finding new ways to manipulate people into sharing their financial details or authorising payments. Romance scams, though smaller in number, are notable for their emotional and psychological toll on victims.

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As Authorised Fraud Complaints Increase, RSM UK Says Prevention Is Key to Tackling Fraud This Black Friday

Fintech Finance

These can take many forms, including fake online adverts, phishing emails, romance scams and spurious investments. According to the latest ONS crime data , fraud is now the most frequently committed crime in England and Wales, increasing 7% this year, with 3,560,000 reported incidents.