Online fraud costs UK £10.9bn a year

Annual fraud and cybercrime losses in the UK have grown to the equivalent of £210 per adult, according to research.

A total of £10.9bn was lost to the UK economy in the 12 months to April, prevention group Get Safe Online said. Fraudulent emails and messages directing people to websites that gather victims’ personal information are the most common con-trick, it said.

It urged people to use many different strong passwords and to ensure security updates are loaded. “Online safety needs to be part of our everyday routines,” said Tony Neate, chief executive of Get Safe Online

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