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Monday, May 23, 2022

UK loses £1.3bn to fraud and cyber crime so far this year

UK loses £1.3bn to fraud and cyber crime so far this year

Individuals and organisations in the UK reported losses of £1.3bn to fraud and cyber crime between 1 January and 31 July 2021, a threefold increase on the year-ago figure of £414.7m, as reported instances of cyber crime spike by seven times, rising from 39,160 to 289,437.
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