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All your personal data is on the line
The Sunday Mirror
|March 09, 2025
Don't leave yourself exposed to digital fraudsters
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You work hard for your money - so beware those who are working hard to take it off you.
The latest report by UK Finance - the collective voice for the UK banking and finance industry representing around 300 firms - reveals that fraudsters stole £1.17billion in 2023.
And a substantial portion of scams originated from online platforms and from telecommunications.
Phishing and social media scams continue to be major threats, with criminals increasingly using these tactics to steal financial data.
Notably, romance scams surged by a third from 2022, resulting in a total loss of £93million in 2023.
All of which highlights the ongoing need for vigilance and collective efforts to tackle an evolving fraud landscape.
Many of these attacks have resulted from your data being sold to data brokers without your knowledge or agreement.
They are following your online activity and digital footprint to profile you.
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