Category: Latest Fraud News

Fraudsters steal £9bn from Britain’s small businesses

Britain’s small businesses are losing more than £9bn a year to fraudsters who send false invoices, viruses posing as bills, or who pose as suppliers on the phone, it has emerged. Of more than 1,000 small-to-medium sized businesses (SMEs) surveyed by invoice network Tungsten, almost half had received a suspicious invoice or been a victim […]

Email ‘most popular phishing tool’

Cyber-thieves are sticking to email as their preferred way to trick victims into falling for scams, suggests a report. The online crime groups were shunning mobiles and newer technologies in favour of phishing campaigns, said the report from Verizon. The annual analysis catalogues more than 100,000 security incidents that hit thousands of companies in 2015. […]

Travel agents targeted in Hajj fraud operation

A string of travel agents in the Birmingham area have been visited this morning (7 April 2016) after being identified as potentially selling unlicensed package tours to Mecca. Officers from the City of London Police, Civil Aviation Authority and Birmingham City Council’s Trading Standards team worked in partnership across the city as part of a […]

UK police received 100,000 reports of phishing scams in 2015

Almost 100,000 people in the UK reported that they were the target of phishing scams in 2015, with the majority targeted via email campaigns. So says the City of London Police’s Action Fraud and National Fraud Intelligence Bureau, which has warned that phishing, along with spear-phishing, is being increasingly used to target vulnerable Brits. The […]