Reported scams surged by 17% in the final quarter of 2021 in the UK, while attempted scams increased by 70% over the same period, according to new data from Barclays. The findings, based on responses ...

The UK's Serious Fraud Office said on Thursday it was investigating the collapse of a $28 million cryptocurrency scheme, ...

The office has begun probing Basis Markets, a defunct crypto project accused of misappropriating investor funds.

LONDON, June 29 (Reuters) - British bank customers were tricked out of 583 million pounds ($712 million) stolen through sophisticated fraud in 2021, up nearly 40% on the prior year, according to data ...

The UK’s leading security agency removed nearly three million scams from the internet last year as it expanded its capabilities, it was revealed today. The National Cyber Security Centre (NCSC) shared ...

Banks and tech firms are coming together in an initiative to share information on fraud to give them visibility of the attacks targeted at customers. The collaboration is part of Stop Scams UK’s ...

The UK government launched a three-pronged strategy for combating and eliminating financial scams in the UK in May 2023, under the direction of UK Home Secretary. There are three pillars: 1. Pursue ...

TSB is urging consumers to remain wary of financial fraud on Facebook, Instagram and WhatsApp, as scams through Meta’s platforms are increasing at a worrying pace. The UK bank analysed its internal ...

A Nigerian doctor, Richard Akinrolabu, has been sentenced to three years in prison for defrauding the NHS of over £268,000 by ...

Criminal gangs are getting more creative with their social engineering scams as organizations continue to struggle to defend against them. New research has highlighted the creative and occasionally ...

The UK fraud epidemic shows no signs of slowing down. Consumers have never been more vulnerable to scams and fraud attacks, as criminals look to take advantage and exploit people’s personal ...