Online fraud increases fourfold in 2015
A new report by the City of London Police’s National Fraud Intelligence Bureau has revealed the cost of the 4,910 reported cases was 425% greater than the £2.2 million reported the previous year.
The most common type of fraud remained the sale of airlines tickets, with Nigeria, India and Pakistan the destinations most targeted lasy year.
However, there has also been a large increase in the number of owner accounts on sharing accommodation websites being hacked.